The acquisition of AML UK Ltd is an important step for TenCate in the formation of a Pan-European armouring organisation. The share purchase agreement is expected to be concluded this month.

AML, based in Swindon, has annual sales of approximately £ 10 million. The company is involved in the design and production of vehicle armour materials, and provides a range of products for the security market.

TenCate Advanced Armour has production plants in Europe and North America. It already designs and manufactures armour for vehicles for the UK Ministry of Defence and associated contractors, and wants to expand its position within this market, especially in the field of vehicle, aircraft and naval armour products, where major modernisation programmes are planned.

The addition of AML to the European activities of TenCate Advanced Armour will create a broader geographical presence, especially in the UK, one of the largest armour markets worldwide. This step also increases the relative importance of composites within TenCate portfolio.

"AML has an excellent reputation as a developer of revolutionary concepts and as an engineering partner for the prototyping and design of production processes," says Frank Meurs, director TenCate Advanced Armour EMEA. "As a result of this, AML has become an important partner of the UK Government and its associated vehicle manufacturers and contractors. AML's complementary activities will support our existing business. TenCate will be able to contribute much to the further growth of the already well positioned AML activities."

"In order to participate in large tenders in connection with future army modernisation programmes a combination with TenCate forms a crucial step in the further development of the AML organisation," says James Purves, managing director of AML UK. "AML will be able to benefit from TenCate's production and technology synergies. In the past we have joined forces successfully on a project basis. This transaction is the result of this successful partnership and has the ability to grow the company even faster."

Royal Ten Cate (TenCate) is a multinational company listed on the NYSE Euronext (AMX).