NetComposites
Attwater

TenCate Receives Ministry Approval for Acquisition of Roshield

26 February 2007

Royal TenCate has received definitive approval from the Danish authorities for the acquisition of Roshield. The acquisition price amounts to EUR 34.7 million.

Roshield provides the European market with antiballistic vehicle protection and personal armour. The company developed itself as a strong partner for vehicle manufacturers for antiballistic protection, projects for vehicle protection being tailor-made and specifically designed for specific threat levels. Antiballistic protection is currently widely implemented in military vehicles, especially by countries which are actively involved in peace keeping operations.

Tencate say that the acquisition will provide an important contribution to the Aerospace & Armour Composites group. Recently Roshield won several orders, for approximately EUR 20 million, for the protection of existing army trucks (add-on armour) and antiballistic protection for different types of vessels.






Related / You might like...

Revolution Fibres Gains Aerospace Certification, Triples Production Capacity

New Zealand company Revolution Fibres is tripling nanofibre production to meet increased international demand from a range of industries, from cosmetics manufacturers through to Formula One teams.

Web Industries Opens Sales Office in Europe

US company Web Industries has opened its first European sales office in Hamburg, Germany.

Airborne to Supply 48 Solar Array Panels for Galileo Satellites

Airborne Aerospace has been awarded a contract by Airbus Defence and Space Netherlands to manufacture 48 substrate panels for the solar arrays of 12 new Galileo FOC satellites.