Latest news with #TenCate
Business Wire
3 days ago
- Business
- Business Wire
Sun European Affiliate Sells Sports & Leisure Group to TenCate Grass
LONDON--(BUSINESS WIRE)--An affiliate of Sun European Partners, LLP ('Sun European Partners' or 'Sun European'), a leading private investment advisory firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that it has sold its entire shareholding in Sports & Leisure Group ('SLG') to TenCate Grass Holding B.V. ('TenCate'). The former shareholders in SLG, including the Sun European affiliate, will use part of the sale proceeds to reinvest in TenCate. Headquartered in Sint-Niklaas, Belgium, SLG is a leading vertically-integrated artificial turf systems provider covering a broad range of end-markets, countries, products and services. With more than 30 years of experience in the production and marketing of artificial grass, SLG supplies over 1,000 customers in 90 countries from four production sites located in Belgium, Italy, China and Paraguay. SLG was acquired by an affiliate of Sun European in October 2021. Nicolas Devriese, Vice President at Sun European Partners, said: 'SLG has a strong reputation as a leader in the artificial turf sector, known for its exceptional service, reliability, and commitment to sustainable solutions. It has been a pleasure partnering with the SLG team over the past four years as we supported the business through operational enhancements and strategic add-on acquisitions. We believe TenCate is a natural partner to guide SLG through its next phase of growth, and we wish them continued success in the future.' Michael Vogel, Chief Executive Officer of TenCate, said: 'The acquisition of SLG further strengthens TenCate's position in the main European markets. SLG's subsidiaries Limonta Sport and Domo Sports Grass allow for TenCate to significantly expand its presence in Italy, the Middle East, Africa, Southeast Asia, and South America. Moreover, the diverse Outdoor Living brands under SLG will further reinforce TenCate's strategic position within this market segment. We have known SLG and its management for over a decade and have profound respect for the reputation and customer relationships that they have built. We see great opportunities in combining the quality of TenCate's product portfolio and SLG's geographical presence.' John Penninck, Chief Executive Officer of Sports & Leisure Group, added: 'Our partnership with the Sun European Team has been a success, and we have benefitted significantly from their support and resources over the past few years as we have continued to grow the business, expand our scope and focus on supplying sustainable artificial grass solutions. We are now excited to be joining the TenCate family, an exciting move which we expect to result in a number of synergies, and we look forward to a new phase of growth.' Eubelius (Brussels), Weil, Gotshal & Manges (London) LLP and NautaDutilh N.V. acted as legal advisors to SLG. Sports & Leisure Group is a leading manufacturer in artificial grass systems for both sports surfaces and residential use, by delivering top pitches in terms of playing characteristics, sustainability and ecological footprint. Further information on Sports & Leisure Group is available at Sun European Partners, LLP is a leading private investment advisory firm, focused on partnering with outstanding management teams to accelerate value creation. Sun is a trusted partner that is recognised for its investment and operational experience in the services sector. Since 1995, affiliates of Sun European have invested in more than 550 companies worldwide and has offices in London and affiliates with offices in Boca Raton, Los Angeles and New York. Further information on Sun European Partners, LLP is available at TenCate is a leading, vertically integrated manufacturer, distributor and installer of artificial turf and other Sports surfaces, including those for football, soccer, baseball, softball, field hockey and a variety of smaller Sports as well as for the rapidly growing Outdoor Living segment. Headquartered in the Netherlands with its main manufacturing facilities in the Netherlands, the United States of America, and the United Arab Emirates, the Company serves customers in more than forty countries. TenCate provides artificial turf solutions for both Sports and Outdoor Living applications with a portfolio of diversified brands. Further information on TenCate is available at
Yahoo
3 days ago
- Business
- Yahoo
Sun European Affiliate Sells Sports & Leisure Group to TenCate Grass
Sports & Leisure Group is a leading manufacturer of artificial grass systems for sports surfaces and residential use. The former shareholders in SLG, including the Sun European affiliate, will use part of the sale proceeds to reinvest in TenCate LONDON, June 05, 2025--(BUSINESS WIRE)--An affiliate of Sun European Partners, LLP ("Sun European Partners" or "Sun European"), a leading private investment advisory firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that it has sold its entire shareholding in Sports & Leisure Group ("SLG") to TenCate Grass Holding B.V. ("TenCate"). The former shareholders in SLG, including the Sun European affiliate, will use part of the sale proceeds to reinvest in TenCate. Headquartered in Sint-Niklaas, Belgium, SLG is a leading vertically-integrated artificial turf systems provider covering a broad range of end-markets, countries, products and services. With more than 30 years of experience in the production and marketing of artificial grass, SLG supplies over 1,000 customers in 90 countries from four production sites located in Belgium, Italy, China and Paraguay. SLG was acquired by an affiliate of Sun European in October 2021. Nicolas Devriese, Vice President at Sun European Partners, said: "SLG has a strong reputation as a leader in the artificial turf sector, known for its exceptional service, reliability, and commitment to sustainable solutions. It has been a pleasure partnering with the SLG team over the past four years as we supported the business through operational enhancements and strategic add-on acquisitions. We believe TenCate is a natural partner to guide SLG through its next phase of growth, and we wish them continued success in the future." Michael Vogel, Chief Executive Officer of TenCate, said: "The acquisition of SLG further strengthens TenCate's position in the main European markets. SLG's subsidiaries Limonta Sport and Domo Sports Grass allow for TenCate to significantly expand its presence in Italy, the Middle East, Africa, Southeast Asia, and South America. Moreover, the diverse Outdoor Living brands under SLG will further reinforce TenCate's strategic position within this market segment. We have known SLG and its management for over a decade and have profound respect for the reputation and customer relationships that they have built. We see great opportunities in combining the quality of TenCate's product portfolio and SLG's geographical presence." John Penninck, Chief Executive Officer of Sports & Leisure Group, added: "Our partnership with the Sun European Team has been a success, and we have benefitted significantly from their support and resources over the past few years as we have continued to grow the business, expand our scope and focus on supplying sustainable artificial grass solutions. We are now excited to be joining the TenCate family, an exciting move which we expect to result in a number of synergies, and we look forward to a new phase of growth." Eubelius (Brussels), Weil, Gotshal & Manges (London) LLP and NautaDutilh N.V. acted as legal advisors to SLG. Sports & Leisure Group is a leading manufacturer in artificial grass systems for both sports surfaces and residential use, by delivering top pitches in terms of playing characteristics, sustainability and ecological footprint. Further information on Sports & Leisure Group is available at Sun European Partners, LLP is a leading private investment advisory firm, focused on partnering with outstanding management teams to accelerate value creation. Sun is a trusted partner that is recognised for its investment and operational experience in the services sector. Since 1995, affiliates of Sun European have invested in more than 550 companies worldwide and has offices in London and affiliates with offices in Boca Raton, Los Angeles and New York. Further information on Sun European Partners, LLP is available at TenCate is a leading, vertically integrated manufacturer, distributor and installer of artificial turf and other Sports surfaces, including those for football, soccer, baseball, softball, field hockey and a variety of smaller Sports as well as for the rapidly growing Outdoor Living segment. Headquartered in the Netherlands with its main manufacturing facilities in the Netherlands, the United States of America, and the United Arab Emirates, the Company serves customers in more than forty countries. TenCate provides artificial turf solutions for both Sports and Outdoor Living applications with a portfolio of diversified brands. Further information on TenCate is available at View source version on Contacts Media Contacts CamarcoJen Renwick / Elfie Kent+44 (0)20 3757 4980SunEuropeanPartners@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Climate
- Yahoo
‘It's a critical time': European farmers struggle through driest spring in a century
When drought descended on Hendrik Jan ten Cate's farm in 2018, slashing his onion yield to just 10% of a regular year, he slogged through days of heavy labour to draw water from canals and pump it to his crops. One day, overworked and anxious to extract as much as he could, Ten Cate fell into the canal and broke his arm. This year, with plants already growing but a severe dearth of rain to nourish young crops, the Dutch farmer is once again watching the weather forecast with worry. 'It's a critical time,' said Ten Cate, who grows potatoes, onions, cereals, carrots and sugar beet on a 100 hectare farm. 'Since April, the crops are in the ground, starting to grow, and now we need water every week.' Farmers across north-western Europe are waiting with bated breath for fresh rains as typically drizzly countries such as the UK, Belgium, the Netherlands and Germany suffer through what may be their driest spring in a century. A small respite is expected at the weekend but is unlikely to provide lasting relief. 'We farmers are resilient … but dry spells are always stressful,' said Sven Borchert, who runs a 1,700 hectare cereal and vegetable farm in Saxony-Anhalt and is the vice-president of the regional farmer's association. Borchert said his farm, which sits in the dry shadows of Germany's Harz mountains, benefited from good soil that held water well, but had seen half the rain it should have this year. He said he expected to get through the month without problems but worried rainfall in June would arrive too late for many other farms. 'There are questions, such as how you'll pay back the bank, that does keep you up at night,' he said. Extreme weather costs the EU about €28.3bn in lost crops and livestock per year, according to a analysis by insurance firm Howden, equal to about 6% of its total food production. More than half the losses stem from drought, according to an analysis of four major weather threats that was commissioned for the European Investment Bank (EIB) as part of the European Commission's push to quell anger among farmers last year. It found just 20-30% of the losses were insured. 'Climate-related risks are an increasing source of uncertainty for food production,' said Gelsomina Vigliotti, vice-president of the EIB. 'Mitigating these risks through insurance and de-risking mechanisms is essential to support the investments of European farmers.' Fossil fuel pollution is expected to worsen drought conditions in parts of Europe, with the Mediterranean rapidly drying up while other regions experience mixed changes. Despite some benefits to farms in northern Europe, the combination of heat and drought is projected to result in 'substantive agricultural production losses' for most European areas this century, the Intergovernmental Panel on Climate Change (IPCC) concluded in a landmark review of climate science research in 2022. Ten Cate, who sits on the board of an agricultural association in the southern Netherlands, said farmers in the region were already witnessing greater weather extremes. 'The heavy rainfall is heavier and the dry period is longer, drier and more extreme,' he said. 'We also see the temperature getting higher … and the plants getting stressed.' Farmers say they are exploring ways to adapt to drought that range from increasing the organic content of their soil and planting more drought-resistant varieties of crops to investing in large-scale rainwater storage, precision farming and drip irrigation. Ten Cate said local farmers had responded to the 2018 drought by investing in mechanical tools to extract water from irrigation channels and distribute it over their fields. In the short term, though, farmers across Europe see little choice but to wait for more rain. Almost a third of the continent was under orange drought warnings by the end of April, according to the European Drought Observatory, with 0.7% in the critical red alert stage. Peter Boysen, an organic farmer in the northern German state of Schleswig-Holstein, said the grass on his farm had not yet dried out but was barely growing. He estimated he had only enough animal feed to last a couple more weeks. 'It's hard to gauge what economic consequences this will have,' he said. 'If rain comes soon, perhaps we'll see losses of 20-30%. If no rain comes, it will of course be much worse.'
Malaysian Reserve
01-05-2025
- Sport
- Malaysian Reserve
GeoSurfaces Track at Ansin Sports Complex to Host International Competition
MIRAMAR, Fla., May 1, 2025 /PRNewswire/ — Ansin Sports Complex will host the second ever Grand Slam Track™ event from May 2 – 4. This premier venue features a world-class Mondo Super X 720 track, expertly installed by GeoSurfaces, a TenCate company, in 2024. 'We have been incredibly pleased with the performance of our Mondo track from GeoSurfaces,' said Reggie Williams, Facility Manager at Ansin Sports Complex. 'Having an elite track allows us to hold events at the highest level, like Grand Slam Track. We're thrilled to be hosting the event this weekend and look forward to hosting many more exciting events this season.' Grand Slam Track was created by decorated Olympian, Michael Johnson, and is the premier global professional track league. Its unique format features head-to-head matchups between the fastest stars in the sport. 'We're dedicated to providing surfaces that helps athletes train and perform at their best,' said Jim Stalford, President of Tracks for TenCate. 'We're incredibly proud of the Mondo track we installed for Ansin and excited to see the results of this weekend's event.' About TenCate GrassAt TenCate Grass, we design and deliver the future of turf. With over 300 years of expertise and nearly 5,000 employees worldwide, we're a truly global company with strong local roots. We offer high-performance, turf systems for sports, landscaping, and outdoor living across more than 60 countries. Fully vertically integrated, we manage everything from R&D to recycling, working hand-in-hand with trusted local partners who bring deep expertise and on-the-ground insight. Whether it's a world-class stadium or a community field, we deliver surfaces that perform, last, and support vibrant, active lives. For more, visit Contact: Erica Rumpke, 513-484-6795
Globe and Mail
06-02-2025
- Business
- Globe and Mail
Fire-Resistant Fabrics Market Forecast – 2028: Analyzing Major Trends, Opportunities, and Growth Drivers with Expert Review
The Fire Resistant Fabrics market is driven by rising safety regulations across industries like oil & gas, defense, and transportation. Key players include DuPont, Milliken & Company, TenCate, and PBI Performance Products, focusing on innovation and sustainability. Growing demand for protective clothing and infrastructure safety is set to propel market growth further. The fire-resistant fabrics market is projected to grow from USD 3.5 billion in 2023 to USD 4.9 billion by 2028, at a CAGR of 6.6% during the forecast period. This research report covers major aspects of the industry including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with fire-resistant fabrics market growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The market growth is primarily driven by factors such as stringent regulations and standardization pertaining to safety at the workplace, increased demand from industries such as chemicals, construction, and oil & gas, and urbanization & infrastructure development. Treated segment is expected to account for the largest share in 2022 By type, the fire-resistant fabrics market has been segmented into treated fire-resistant fabrics and inherent fire-resistant fabrics. These treated fire-resistant fabrics' chemical makeup does not make them fire resistant. With the use of several chemicals, they are made fire-resistant. Chemical additives are used to treat fabrics so that the fibers are fire resistant. These fabrics depend on chemical reactions to put out fires when exposed to fire. Through use or laundry, the treated fabric's fire-resistant feature may lose some of its effectiveness. Download PDF Brochure: Stringent regulations for workplace safety are driving the demand in apparel application in fire-resistant fabrics market By application, the fire-resistant fabrics market has been segmented into apparel applications and non-apparel applications. Due to the significant demand for protective clothing across a variety of end-use industries, including oil & gas, construction, and manufacturing, the dominance of the apparel application is anticipated to persist over the projection period. Workers in various essential industries, including oil & gas, construction, manufacturing, and others, frequently wear protective garments when they are exposed to dangerous working circumstances. Each local government in a nation has established strict rules requiring businesses to adhere to PPE standards for workers' or employees' safety. Industrial segment is projected to be the fastest-growing market in the fire-resistant fabrics market By end-use industry, the fire-resistant fabrics market has been segmented into industrial, defense & public safety services, transport, and others. The market for industrial end-use fire-resistant fabrics in Asia Pacific is anticipated to experience the greatest CAGR in terms of volume during the forecast period. The expansion of various new manufacturing industries in China and India's rising economies is largely to blame for the region's rapid growth. Because the economy is only slowly expanding, the manufacturing sector is expanding steadily in industrialized nations like the US and Germany. As a result, the market for fire-resistant materials in the industrial segment is anticipated to rise a bit. Asia Pacific is expected to account for the largest share in 2022 Asia Pacific, North America, Europe, the Middle East, and South America have all been examined for the fire-resistant fabric market. China is the biggest market for fire-resistant textiles in the Asia Pacific region and is projected to have a sizeable market share over the forecast period. The market for fire-resistant textiles is rapidly growing in Asia Pacific countries including China, India, Japan, and South Korea as a result of the escalating demand from sectors like chemicals, construction, and oil & gas. Fire-Resistant Fabrics Companies The fire-resistant fabrics market is evolving, with major players playing a vital role in developing new and advanced products. DuPont de Nemours, Inc. (US), Teijin Ltd. (Japan), Royal TenCate N.V. (Netherlands), Kaneka Corporation (Japan), PBI Performance Products Inc. (US), Milliken & Company (US), Gun-Ei Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (US), Lenzing AG (Austria), Solvay SA (Belgium), and W.L. Gore & Associates Inc. (US) are key players in the fire-resistant fabrics market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the fire-resistant fabrics market. DuPont de Nemours, Inc. One of the top producers and creators of sophisticated materials, textiles, polymers, and numerous industrial products worldwide is DuPont de Nemours, Inc. The corporation is listed on the stock exchanges in India, Europe, and the US. The business produces goods including adhesives, cutting-edge printing solutions, building supplies, consumer goods, electronic & industrial, textiles, fibers & nonwovens, medical solutions, etc. The company divides its clientele into three groups: corporate and others, water protection, and electronics & industrial. The industrial solutions sub-segment of the electronics & industrial market is where the company sells fire-resistant fabrics. The business has multiple subsidiaries spread throughout 50 nations, manufacturing facilities, and R&D facilities in 25 nations worldwide across the continents of Asia Pacific, North America, Europe, the Middle East & Africa, and South America. In May 2020, DuPont Personal Protection launched a new product, face coverings which are made with NOMEX in response to the protection needs of COVID-19 workers. These face coverings are proven to be flame resistant, lightweight, and highly durable, providing comfort and protection. Lenzing AG Lenzing AG produces textile-related products. The business manufactures synthetic cellulose fibers for use in technical fibers, nonwovens, and textiles. The business is listed on the Australian Securities Exchange. The company's products are used in a variety of applications, including biorefinery and co-products, nonwoven applications, industrial applications, home textiles, garment applications, and home textiles. Three business segments, including fiber, pulp, and others, make up the company's operations. Through its fiber section, the business sells fabrics that resist fire. The company has sales offices in 15 countries worldwide, spread over the regions of Asia Pacific, North America, Europe, Middle East & Africa, and South America. It also has five significant production sites and nine R&D centers. In November 2020, Lenzing AG introduced block chain technology. The block chain technology allows the traceability of textiles across all stages of production and sales back to the fibers. With this technology the customers, partners, and consumers now have an overview of the entire textile supply chain. Teijin Ltd. Teijin Ltd. is one of the world's leading manufacturers and suppliers of technical textiles, medical products, industrial textiles, and garment materials. The business has a listing on the Japan Stock Exchange. The business is engaged in the development of aramid, resin flame retardant and additives, carbon fibers, and product conversion, as well as in the fields of engineering, health care, IT, and the environment. The business of the corporation is divided into five segments: materials, fibers and product conversion, healthcare, information technology, and others. The business's materials division sells fabrics that are fire-resistant. The corporation has manufacturing locations in more than 15 different nations across 20 different continents, including Asia Pacific, North America, Europe, South America, and the Middle East and Africa. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
