Global geosynthetics manufacturer Solmax has concluded the acquisition of TenCate Geo- synthetics. With this transaction, the global reach, innovation capabilities, and specialties of two recognized geosynthetics frontrunners combine to create a leading geosynthetics solutions provider. 鈥淪olmax is already the global leader in the development, manufacture, and provision of high-quality polyethylene ge- omembranes for containment in industrial and environmental applications. Now, with the addition of TenCate鈥檚 geosyn- thetics, industrial fabrics, and manufacturing plants, we have unmatched breadth of scope, scale, and reach,鈥� says Jean- Louis Vangeluwe, President of Solmax. 鈥淭ogether, we create a better, stronger, faster Solmax鈥攑ositioning ourselves well to accelerate our vision of driving higher standards, stimulating innovation, and leading the geosynthetics industry forward.鈥�
With the acquisition of TenCate Geosynthetics, Solmax鈥檚 geosynthetics products will fully meet the needs of both con- tainment and infrastructure applications. In addition, the two companies鈥� combined expertise across all geosynthetic categories makes Solmax an innovation powerhouse. 鈥淭here is no geosynthetic solution we cannot deliver,鈥� says Vange- luwe, 鈥渁nd that鈥檚 good for the environment, and great for industry, people, and progress.鈥�
Solmax鈥檚 containment solutions are used by major industrial companies in the mining, energy, waste management, wa- ter, and civil engineering sectors, while TenCate Geosynthetics鈥� infrastructure solutions and systems are used in trans- portation, building sites, water management, natural resources, and environmental market applications. With a com- bined 19 production locations around the world, these products will now be sold in more than 100 countries.
鈥淚t鈥檚 an ideal match,鈥� says Wally Moore, CEO of TenCate Geosynthetics. 鈥淭enCate Geosynthetics and Solmax are both market leaders with longstanding industry relationships. We are known and trusted for our market presence, application knowledge, quality products and service excellence, and recognized as the most innovative companies in our respective spaces. Our vision around sustainability also aligns well. We are pleased to be joining with Solmax to extend the value we can offer to our clients.鈥�
This transaction combines the companies鈥� reach into different segments. It鈥檚 a game-changer, says Vangeluwe, that will extend use of both companies鈥� standard and specialized engineered solutions in civil engineering, road infrastructure, hydraulic and environmental works, as well as strengthen the positioning and promote the adoption of geosynthetics in the construction sector.
鈥淚 am delighted to welcome TenCate Geosynthetics to Solmax,鈥� says Jacques C么t茅, Founder and Executive Chairman of the Board of Solmax. 鈥淥ur vision is ambitious. Solmax aims to reshape the industry, leading change by bringing to mar- ket innovative products that are more reliable, stronger, and affordable, even in developing countries. And TenCate鈥檚 contribution is significant.
鈥淭ogether, our products, services, and people will create a stronger global company, one that we believe is even better positioned to make a formidable and lasting contribution to advancing the geosynthetics industry, supporting human progress, and the protecting the planet.鈥�