Solmax, the world s leading geosynthetics manufacturer, acquires TenCate Geosynthetics
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MONTRÉAL, April 7, 2021 /PRNewswire/ - Solmax, the global leader in the production of high-quality polyethylene geomembranes for industrial and environmental applications today announces it has reached an agreement with Koninklijke Ten Cate (the Netherlands) on the acquisition of TenCate Geosynthetics, a global provider of geosynthetics and industrial fabrics. Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ, Solmax s long-term financial partners, are both investing in this transaction. This is the joining of two leading companies in their respective segments, recognized globally for the quality of their products and services, that are bringing their geosynthetic products together under the same roof for the first time. This transaction will increase their products use in civil engineering, road infrastr
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