Disposition · Activity not yet classified
Tensar Corporation
Transaction overview
Reported completed
Exact closing date not established.
On April 25, 2022, Castle Harlan, Inc. reported completing the sale of Tensar Corporation to Commercial Metals Company for $550 million, subject to customary adjustments. The agreement had been announced December 7, 2021. The exact closing day was not stated.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Castle Harlan - Castle Harlan Completes Sale of Tensar Corporation ↗
Castle Harlan · Published Apr 25, 2022
Exact Castle Harlan Inc reported completing Tensar sale April 25, 2022 for $550 million subject adjustments. December 7, 2021 agreement is the same event, not another sale. Seven-year ownership context retained; exact initial investment and closing days unknown.
- Castle Harlan - Castle Harlan Agrees to Sell Tensar Corporation, Leading Global Designer and Manufacturer of Geogrids Products ↗
Castle Harlan · Published Dec 7, 2021
December 7, 2021 Tensar agreement corroborates the completion event owned by row3. Correct sector exclusion to duplicate transaction source, with explicit source consolidation; no second public event.