DAYTON, Tenn., July 15, 2024 /PRNewswire/ — TenCate Grass (“TenCate”) as of late introduced the purchase of a majority stake in The LandTek Crew (“LandTek”), the prominent supplier of athletic ground engineering, building, mission control and upkeep products and services at the East Coast from Fresh York to South Florida. The founders and control group of LandTek will proceed to be really extensive shareholders and also will proceed to govern the corporate.
“This partnership represents a culmination of the full LandTek team’s efforts since I started LandTek in my mother’s garage 45 years ago,” mentioned Mike Ryan, CEO of LandTek. “TenCate is the ideal partner with experience, capabilities and know-how needed to support LandTek’s long-term growth strategy.”
Joe Boxes, Important Government Officer of TenCate Grass Americas, mentioned: “LandTek has a proven track record of sustained growth in geographies that have been underserved by TenCate. We are very excited about the combination of LandTek’s unparalleled customer service and quality with TenCate’s market-leading product portfolio and unparalleled U.S.-based supply chain.”
Raymond James served as monetary marketing consultant to The LandTek Crew. Ruskin Moscou Faltischek P.C. served as criminal advisors to LandTek. Burr & Forman and Latham & Watkins served as criminal advisors to TenCate.
About TenCate
TenCate is a prominent, vertically built-in producer, distributor and installer of man-made turf and alternative surfaces for Sports activities, together with the ones for soccer, football, baseball, softball, ground hockey and numerous smaller Sports activities in addition to for the all of a sudden rising Outside Residing area. Headquartered in the Netherlands with its primary production amenities in the Netherlands, the US, and the United Arab Emirates, the Corporate serves shoppers in additional than 40 international locations. For more info, please consult with www.tencategrass.com.
About The LandTek Crew
The LandTek crew is a prominent supplier of athletic ground engineering, building and mission control products and services. Based totally in Bay Shore, NY, the Corporate has operations right through the East Coast from Fresh York to South Florida. Northeast and Florida. LandTek trade in a space of answers meant to fulfill the desires of each municipal and personal tasks, together with the preliminary engineering and design procedure, set up and endured repairs products and services. The gigantic portfolio of glad LandTek shoppers supplies testimony to the corporate’s functions. For more info, please consult with www.landtekgroup.com.
Media Touch
Erica Rumpke
Director of Advertising, TenCate
513-484-6795
[email protected]
SOURCE TenCate
