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Nonwovens/​Converting

Lantor purchased by British investment company

Lantor develops, manufactures and markets nonwovens for industrial applications.

12th January 2017

Innovation in Textiles
 |  Amsterdam

Sports/​Outdoor, Transport/​Aerospace, Civil Engineering, Clothing/​Footwear

Lantor develops, manufactures and markets nonwovens for industrial applications. With production facilities in Veenendaal, the Netherlands, and a subsidiary in Haibach, Germany, Lantor’s intermediate goods are used in a wide variety of products: from communication and energy cables to fibre enhanced composites like wind turbines and yachts, as well as labels for the fashion industry.

Maintaining a separate identity

Private equity firm Active Capital Company (ACC) is selling Lantor after less than two years. Since its acquisition in 2015 Lantor has grown fast – both in the Netherlands and abroad.

“We are very happy that Active Capital Company was our partner and shareholder. We are looking forward to further build on the strategy that was set out under them, but now as part of Cathay Investments (Cathay), maintaining a separate identity within Cathay,” commented Managing Director Daan Koppen.

“In Cathay we have a long-term shareholder that knows the industry, is better able to help Lantor execute the chosen strategy and will assist with the development of future plans.”

Shareholders

"Cathay Investments is pleased to announce its recent acquisition of Lantor BV from Active Capital Company and management,” commented Ben Chaing, CEO of Cathay.

“This acquisition is further evidence of Cathay's commitment to develop a fully integrated group in order to provide our customers with the best possible service in an increasingly competitive market place." The current management team and part shareholders of Lantor, Martin den Ottolander and Daan Koppen, re-invest in Lantor together with Cathay.

www.cathay-investments.com

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