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Announced

Agilitas to acquire TenCate Advanced Armour from Royal Ten Cate for $240m.

Synopsis

Private equity firm Agilitas agreed to acquire TenCate Advanced Armour, a manufacturer of lightweight survivability solutions, from Royal Ten Cate, a Dutch industrial conglomerate, for $240m. "It has been a pleasure to work with management on identifying multi-dimensional transformational opportunities for TenCate Advanced Armour. We are excited to support their vision to become the leading OEM-independent manufacturer of lightweight survivability solutions across all platforms," Kevin Iermiin, Agilitas Investment Director.

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