 | Plasticum Group BV |
Ten Cate finalizes divestment Plasticum with a positive resultWith reference to the press release of February 27 last, Royal Ten Cate and NPM Capital announce the closing of the sale of Plasticum to NPM Capital and the management.Royal Ten Cate and NPM CapitalRoyal Ten Cate and NPM Capital announce that they have reached an agreement in principle regarding the sale of Ten Cate Plasticum (the Netherlands, Germany and UK) to NPM Capital and the management. The divestment will take place approximately against book value. The company is part of the sector Technical Components. It is expected that the transaction will be completed in March 2006.