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Business Description

TenCate is a Dutch industrial conglomerate active in various areas of the technical textiles and composite materials universe. The group comprises five market groups active in (aero)space composites, antiballistics & armour, protective fabrics, synthetic grass and geosynthetics that operate largely on a stand-alone basis, supplying different products into different end markets. The holding is headquartered in the Netherlands with the individual (head-)offices and production sites located globally.

Country

Netherlands

Sector

Manufacturing & Industrials

Since

2016

Investment Thesis

TenCate has defensible leadership positions in various high growth and specialized niche markets that will be further enhanced. On market group level the objective is to implement clear and actionable strategies for each individual business unit.

“Following the take private, with Rivean's instrumental support we quicky deployed robust stand-alone growth strategies and comprehensive value creation programs for each of the group companies. The feeling of ownership and deepfelt partnership unlocked tremendous energy and empowered management to really drive success“

Jan Albers

CEO
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