Ann: Further Purchase Orders Received by Major Bedding Client, page-42

From the Foster Stockbroking notes :

- While we await further updates from management during the quarter, we highlight the global leader and existing supplier to the US for military combat textiles TenCate supplies the US military with over U$1 billion in product sales via its Defender M product. It also dominates many other major military markets. It is our understanding that all three global majors in the textile industry have failed to take TenCate on in this market; therefore we view AJX as on the watchlist of acquirers should it crack the military with multiple deals.

Hopefully the following might distract TenCate :

20 July 2015

GILDE BUY OUT Partners leads consortium to make a recommended cash offer for all shares of TenCate
​

• TenCate and Tennessee Acquisition B.V., a company controlled by a consortium of investors led by Gilde Buy Out Partners and also including Parcom Capital and ABN Amro Participaties (the "Consortium") have reached a conditional agreement on a full public offer of EUR 24.60 (cum dividend) in cash per ordinary share of TenCate (the "Offer Price")
• The Offer Price represents a premium of 26.8% to the closing price of 17 July 2015 and a premium of 27.1% to the average closing price for the 12 months prior to and including that date
• The Executive Board and the Supervisory Board of TenCate fully support and unanimously recommend the Offer

TenCate Share Price US$24 - Market cap UD$622 million

Multinational
Textiles technology group Royal Ten Cate (TenCate) is a multinational company which develops and produces solutions which are sold worldwide for the protection of people and their working and living environment.

Value chain management
The policy of end-user focus and value-chain control has enabled TenCate to secure leading positions in worldwide niche markets. The company operates in network structures, such as open innovation centers, partnerships and co-creation, and by making acquisitions in complementary fields.

Listed company
TenCate is listed on the NYSE Euronext (AMX).

Their military product Defender M must contain bromide I guess otherwise they would be good to go again