Lantor Composites acquired by Active Capital Co.

Lantor also appointed Daan Koppen de Neve as its new general manager.

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Private equity firm Active Capital Co. (ACC, Amsterdam, Netherlands) has bought Lantor (Veenendaal, Netherlands), a manufacturer of nonwovens for the cable and composites industry. The acquisition fits ACC’s strategy to invest in the high-quality manufacturing industry in the Netherlands.

Lantor produces nonwovens made from short fibers that integrate together as a whole under the influence of heat or chemicals. This creates the fleece/textile type. These Lantor nonwovens are used in communications and energy cables, packaging, construction and insulation materials, and fiber-strengthening synthetics in the form of wind turbines and polyester boots, among other things. Lantor, with its 180 employees, achieves an annual turnover of €40 million ($43 million).

Lantor has also appointed Daan Koppen de Neve as its new general manager. He trained as an engineer and has a background in private equity and business. Lantor will invest the capital from this acquisition in its production resources, product development and the technical applications of the products.