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Announced

TenCate Grass to acquire a majority stake in Byrom-Davey.

Synopsis

TenCate Grass, a vertically integrated manufacturer, distributor, and installer of artificial turf solutions, agreed to acquire a majority stake in Byrom-Davey, a provider of sporting facility design and construction services. Financial terms were not disclosed. "When we were exploring a potential sale of the business, the most important aspect of selecting a partner for the future was to find a buyer that shares our core values of integrity and quality. We believe that we could not have found a better partner for the future than TenCate," Steve Davey Byrom-Davey, Founder and CEO.

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