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Active Capital Company Buys Lantor

Nonwovens manufacturer also names Daan Koppen de Neve new managing director.

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Lantor, a manufacturer of technical nonwovens for the cable, composites and construction industries, announced the private equity firm Active Capital Company (ACC), together with Operations Manager Martin den Ottolander, is acquiring it. Lantor is being sold by IPT Group. The acquisition fits ACC’s strategy to invest in the high-quality manufacturing industry in the Netherlands.
 
Lantor produces technical and functional nonwovens that are used in applications as diverse as communications and energy cables, packaging, construction and insulation materials, and composites used in wind turbines, and yacht building, among other things. Lantor, with its 180 employees, achieves and annual turnover of €40 million ($44 million). “This is a textbook example of the high-quality manufacturing industry in the Netherlands,” says ACC’s Dick Zeldenthuis. “Lantor is therefore a company that fits our strategy perfectly.”
 
At the same time as the ACC investment, Lantor appointed a new managing director, Daan Koppen de Neve. He trained as an engineer and has a background in private equity and industry. This acquisition will allow Lantor to invest in extra production resources, product development and the technical applications of the products. “This acquisition and the appointment of a new managing director enables Lantor to do even more in the way of improving its products and exploring new markets,” Zeldenthuis adds.

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