Toray €930 million acquisition of TenCate Advanced Composites

19/3/2018
Private acquisition

€ 930 million

$ 1.035 billion

Announced

19/3/2018


Overview:

  • Japanese carbon fiber manufacturer Toray has agreed to acquire Dutch group TenCate Advanced Composites for €930 million.
  • The group will take up the new name of Toray Advanced Composites.

Prin Shasiharan - Researcher

Jurisdictions:

United States
Japan
Netherlands

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing


Firms:

Party: TenCate Advanced Composites (Seller)

Lawyer: Mark Jan Arends


Party: Toray (Acquirer)

Lawyer: Gaike Dalenoord


Party: Toray (Acquirer)