Share Purchase Agreement Concludes between Toray and TenCate Advanced Composites Holding B.V.
Published : May 15, 2026
Toray Industries, Inc. had reached an agreement with Koninklijke Ten Cate B.V. (KTC) to purchase the entire share of its subsidiary TenCate Advanced Composites Holding B.V. Following the completion of the discussions with the Works Council, as stipulated by Dutch laws, Toray has informed that it concluded the share purchase agreement with KTC on July 8th, 2018. The completion of the acquisition is based on the premise of receiving approval from the relevant regulatory authorities and Toray plans to declare it once all procedures are completed without delay.