TenCate grass has acquired sports & leisure group from sun capital partners and selected other shareholders. In addition to synthetic turf for landscaping, sports & leisure group is best known for the Domo sports grass and Limonta Sport brands. TenCate Grass Holding B.V. (‘TenCate’) is acquiring all the shares of Sports & Leisure Group from investment company Sun Capital Partners, Inc. and several other shareholders. The former shareholders, including the senior management team of SLG, will use part of the sale proceeds to reinvest in TenCate.

Both companies describe themselves as a vertically integrated producer, supplier and builder of synthetic turf systems (for sports).

Together, they represent a value of around three billion euros.

Michael Vogel, Chief Executive Officer of TenCate, said: “The acquisition of SLG further strengthens TenCate’s position in the main European markets. SLG’s subsidiaries Limonta Sport and Domo Sports Grass also allow for TenCate to significantly expand its presence in Italy, the Middle East, Africa, Southeast Asia, and South America. Moreover, the diverse outdoor living brands under SLG will further reinforce TenCate’s strategic position within this market segment. We have known SLG and its management for over a decade and have profound respect for the reputation and customer relationships that they have built. We see great opportunities in combining the quality of TenCate’s product portfolio and SLG’s geographical presence.”

John Penninck, CEO of SLG added: “In addition to being strategically aligned, our corporate values mirror those of TenCate, and we believe that we could not have found a better partner from a cultural alignment standpoint. This is definitely an