Lantor, manufacturer of technical nonwovens for the cable, composites and construction industry, is being acquired by the Active Capital Company (ACC), together with Operations Manager Martin den Ottolander.

The selling party is the British IPT Group. The acquisition fits ACC’s strategy to invest in the high-quality manufacturing industry in the Netherlands.

Industrial acquisitions

The Active Capital Company is an independent hands-on private equity firm with an office in Amsterdam. Its invests in industrial acquisitions and (technical) trading and manufacturing companies with a turnover of between EUR 5 million and EUR 80 million, based in Netherlands.

The firm invests in companies with a strong core (customers, products), where there is an opportunity for value to be added by the proactive involvement of the Active Capital Company team. ACC is financed and supported by entrepreneurs with a proven track record and who are themselves active in comparable markets.

High-quality manufacturing industry

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.

Lantor, with its 180 employees, achieves and annual turnover of EUR 40 million. “This is a textbook example of the high-quality manufacturing industry in the Netherlands,” commented Dick Zeldenthuis, Managing Director, ACC. “Lantor is therefore a company that fits our strategy perfectly.”

New Managing Director

At the same time as the ACC investment, Lantor also appoints 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,” explained Dick Zeldenthuis.

www.lantor.com