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Active Capital Company (ACC) acquired a majority stake in Codi Group, a Netherlands-based wet wipes manufacturer, from Value Enhancement Partners. The deal value is estimated between €10 million and €20 million.
Cathay Investments Limited acquired Lantor, a multinational producer of nonwovens for the cable and composites industry, from Active Capital Company for an undisclosed sum. Lantor has production facilities in Veenendaal, Netherlands and Haibach, Germany.