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Lantor, producer of innovative technical non-woven-based products for the global cable, composites and construction markets, has a new owner.
Its previous owner, IPT Group in the UK, has sold Lantor to Active Capital Company (ACC) and Lantor’s operations director Martin den Ottolander.Lantor is located in Veenendaal, the Netherlands. It is a global market leader in the development and production of functional products based on non-woven technology. Its portfolio of well-known innovations include Coremat® and Soric® thin flexible cores for the composites industry, and Lantor’s range of water-blocking tapes for the cable industry.With its continuous focus on innovation and development, Lantor is ready to make new steps aimed for growth in new international industries and markets.Lantor’s new Managing Director, Daan Koppen de Neve, commented: “We are very excited to be taking the next steps in our development strategy with ACC as a very committed owner. We believe this will allow us to create even more value for our clients in existing markets, while we also will be able to create new growth in new markets. The capital injection from the acquisition will allow us to make new investments in production capacity and product and application development.”ACC is based in Amsterdam, the Netherlands. As an independent investor with a very hand-on mentality, it actively manages a portfolio of industrial and production SMEs. Focus is on adding value and creating sustainable growth based in companies that already have a strong market and customer base. Dick Zeldenthuis, Managing director of ACC, stated: “Lantor for ACC is a great addition to our portfolio. It has an excellent track record as a global innovation and market leader in its chosen markets, with a very solid technical and market base. This offers great potential for further growth.”About Active Capital Company:The Active Capital Company is an independent hands-on private equity firm with an office in Amsterdam. They invest in industrial acquisitions and (technical) trading and manufacturing companies with a turnover of between €5 million and €80 million, and which have their Head Office in the Netherlands. The Active Capital Company 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.More information:www.lantor.com