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People & Business :: M&A
TenCate acquires UK composites firm
8:05 AM MST | January 16, 2013 | Francinia Protti-Alvarez
TenCate (Almelo, Netherlands) has announced the acquisition of Amber Composites (Nottingham, UK), a manufacturer of thermoset composites used in the automotive industry, among others. Financial details of the transaction were not disclosed. Amber Composite, founded in 1988, manufactures composite materials for high-performance, lightweight structures. The company provides materials and technical expertise to a diverse set of industries including motorsport, automotive, aerospace, communications, marine, and wind energy. TenCate expects to increase...
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