jan 5, 2017 in Company News

Cathay Investments purchases Lantor from Active Capital Company

Innovative nonwoven manufacturer ready for the next step

Amsterdam, 04 January 2017 – Cathay Investments purchases Lantor, a multinational producer of nonwovens for the cable- and composites industry, from Active Capital Company for an undisclosed sum.

About the Acquisition of Lantor

Cathay Investments Limited is purchasing Lantor as part of its commitment to expand its chemical and distribution business. Managing Director Daan Koppen says: “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. 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.”

Ben Chaing, CEO of Cathay says: “Cathay Investments is pleased to announce its recent acquisition of Lantor BV from Active Capital Company and management. This acquisition is further evidence of Cathay’s commitment to develop a group in order to provide our customers with the best possible service in an increasingly competitive market place.” The current management team members and part shareholders of Lantor, Martin den Ottolander and Daan Koppen, re-invest in Lantor together with Cathay.

About Cathay Investments

Croydon-based Cathay Investments owns several companies in the chemical and distribution industries. As a forward-looking investment company Cathay spends time and resources to develop group companies to achieve their full potential and provide positive experiences for customers and trading partners. Cathay group companies include Euroresins, a Europe wide distributor of resin, glass fibre and other products for the composites industry; Amethyst Group, a UK 3rd party logistics and warehousing provider; and Perkins Group Services, a distributor of toys and stationery. www.cathay-investments.com.