M&A Deal Summary

Solmax Acquires TenCate Geosynthetics

On April 7, 2021, Solmax acquired apparel/textiles company TenCate Geosynthetics from TenCate Protective Fabrics

Acquisition Highlights
  • This is Solmax’s 1st transaction in the Apparel/Textiles sector.
  • This is Solmax’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2021-04-07
Target TenCate Geosynthetics
Sector Apparel/Textiles
Buyer(s) Solmax
Sellers(s) TenCate Protective Fabrics
Deal Type Divestiture

Target

TenCate Geosynthetics

Hengelo, Netherlands
TenCate Geosynthetics is a provider in developing solutions and systems for infrastructure in transportation, building sites, water management, natural resources, and environmental market applications, and is also active in agricultural, horticultural, recreational, and other industrial applications. The company value is delivered to the market through synthetic nonwovens, wovens, geogrids, geotextile tubes and other products, and through the knowledge and experience that support these applications. TenCate Geosynthetics is based in Hengelo, Netherlands.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Solmax

Longueuil, Quebec, Canada

Category Company
Founded 1981
Sector Environmental
DESCRIPTION

Solmax is a manufacturer of geomembranes liners and offers containment solutions. Manufactured from Canada, USA, Malaysia, and Chile the company's products are sold in over 60 countries. Solmax was founded in 1981 and is based in Longueuil, Quebec.


DEAL STATS #
Overall 2 of 3
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-20 GSE Environmental

Houston, Texas, United States

GSE Environmental is a designer and manufacturer of geosynthetic lining solutions used in the containment and management of solids, liquids, and gasses for organizations engaged in waste management, mining, liquid containment, aquaculture, agriculture, and other industrial activities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Propex Operating

Chattanooga, Tennessee, United States

Propex Operating is a manufacturer of the primary carpet backing and secondary carpet backing. The Company is also a producer of woven and non-woven polypropylene fabrics for use in furniture, bedding, automotive, geotextile, and other industrial fabrics applications. Propex Operating was founded in 1884 and is based in Chattanooga, Tennessee.

Buy -

Seller(S) 1

SELLER

TenCate Protective Fabrics

Union City, Georgia, United States

Category Company
Sector Apparel/Textiles
DESCRIPTION

TenCate Protective Fabrics designs, develops, manufactures, sources and sells fabrics used by garment makers for high-performance (protective) clothing. The fabrics provide protection against flame, heat, molten metal, chemical and other acids, achieved by strong know-how in blending fibres to incorporate, often patented, functionalities. TenCate Protective Fabrics is based in Union City, Georgia.


DEAL STATS #
Overall 3 of 3
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Netherlands M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-01 Integris Composites

Nijverdal, Netherlands

Integris Composites is a provider of lightweight, mission-critical survivability and protection solutions for people working in hostile environments. Its portfolio of bespoke, highly engineered defensive products covers personal protection, as well as applications for land vehicles, aircraft, and naval vessels. Uniquely positioned as one of only two transatlantic and independent providers globally in the highly regulated survivability solutions industry, Integris Composites is a key strategic partner to the world’s leading Original Equipment Manufacturers (OEMs), militaries, and law enforcement agencies around the world. Integris Composites is based in Nijverdal, Netherlands.

Sell -