TenCate Grass

TenCate Grass is the direct successor to the family's interests following the 2015 take-private of Koninklijke Ten Cate NV. The listed company was acquired by a consortium including Gilde Buy Out Partners and the TenCate family, and the assets were reorganized under the TenCate Grass brand, focusing on synthetic turf and advanced textile composites.

It operates primarily as a concentrated industrial holding company. The family's wealth is predominantly tied to the performance of TenCate Grass, the global manufacturer of artificial turf systems, rather than a diversified portfolio of third-party fund commitments or minority stakes.

Public records do not detail a diversified direct investment program. Following the 2021 sale of a majority stake in the operating company to Partners Group, the family's liquid wealth likely expanded, but any external investment activity, including direct deals or fund commitments, has not been publicly disclosed.

The decision-making structure is private. Historically, family members sat on the board of Royal Ten Cate and maintain board representation in the restructured TenCate Grass group. Specific investment committee roles or a dedicated family office CIO have not been identified in public records.

The transaction allowed the TenCate family to realize significant liquidity from their concentrated industrial holding while retaining a substantial minority stake and ongoing governance rights. It transformed the family office's liquidity profile from illiquid operating equity into a mix of cash and minority co-investment, while Partners Group took the lead on scaling the business through further acquisitions.