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The Dutch company announced an agreement with the shareholders of the Danish company ABDS ApS to acquire all the shares of ABDS ApS, which will be integrated into the TenCate company as Ten Cate Active Protection ApS.
On March 4, 2011 TenCate announced its cooperation with the Danish company ABDS ApS for the development and market preparation of the TenCate ABDS(TM) active blast countermeasure system, a system for the protection of army vehicles against improvised explosive devices and roadside bombs. Recently, TenCate announced an agreement with the shareholders to acquire all the shares of ABDS ApS, which will be integrated into the TenCate company as Ten Cate Active Protection ApS. Full ownership by TenCate effectively supports a timely international market introduction through producers of army vehicles in order to substantially increase the survivability protection levels of vehicles used in crisis areas. The acquisition shall be completed once Danish authorities have approved the transaction, which approval is expected shortly. Recent tests and simulations of the TenCate ABDS(TM) active blast countermeasure system have been concluded successfully. Vehicle specific tests are an essential part of the successful implementation of the system in the field. The implementation of the TenCate ABDS(TM) active blast countermeasure system is currently planned to take place in the course of 2012-2013. Based on the tests and simulations so far and their good results, it is clear that genuine interest is currently being shown by the market in several vehicle programmes.
Survivability protection TenCate Advanced Armour (with facilities in Denmark, the Netherlands, UK, France and the US) is a specialist in vehicle armouring systems based on light weight, composite armour materials. The TenCate ABDS(TM) active blast countermeasure system offers complementary survivability protection against the effects of explosives. There is an evident need for enhanced protection, in combination with increased mobility of army vehicles. The TenCate ABDS(TM) active blast countermeasure system enables TenCate Advanced Armour to expand its capabilities in terms of advanced protection systems for vehicles to meet these market needs. The TenCate ABDS(TM) active blast countermeasure system is protected by classified patents. Due to the sensitivity of the information, no further details will be provided. No digital images available.
TenCate Advanced Armour is a leading global supplier of a wide range of armour composite materials for ballistic protection. TenCate Advanced Armour develops and produces a portfolio of composite and ceramic materials and designs active armour solutions for the protection of police, army, air force, navy and civilian service personnel, vehicles and vessels. TenCate Advanced Armour has facilities in Europe and North America.
About TenCateRoyal Ten Cate (TenCate) is a multinational company that combines textile technology with chemical processes and material technology in the development and production of functional materials with distinctive characteristics. TenCate products are sold throughout the world. Systems and materials from TenCate come under four areas of application: safety and protection; space and aerospace; infrastructure and the environment; sport and recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on NYSE Euronext (AMX).
More information: www.tencate.com