Business / Corporate Mar 15, 2018
Toray to buy Dutch carbon-fiber maker TenCate Advanced Composites for €930 million
Toray Industries Inc. said Thursday it will buy Dutch carbon-fiber-maker TenCate Advanced Composites Holdings BV for €930 million ($1.15 billion) in its largest ever acquisition to expand its aircraft applications business. Toray, the world's top carbon-fiber supplier, agreed on the purchase with TenCate's parent firm ...