Dentons has advised Cathay Investments Limited, the UK-based chemical and distribution industries investment company, and its wider group Cathay on its senior term and revolving credit facilities with HSBC Bank plc.  The facilities are primarily being used for Cathay's acquisition of Lantor, the well-known Dutch and German producer of nonwovens for the cable and composites industry.

Ben Chaing, CEO of Cathay, commented, "Cathay Investments is pleased to announce its recent acquisition of Lantor B.V. from Active Capital Company and management. This acquisition is further evidence of Cathay's commitment to develop a fully integrated group in order to provide our customers with the best possible service in an increasingly competitive marketplace."

Dentons Banking and Finance partner Lee Federman added, "We are delighted to have advised Cathay on this transaction, which enables it to materially expand its European chemical and distribution business.  This financing is the latest in a series of complex, cross-border, acquisition finance mandates on which we have advised with this particular transaction completing in an incredibly tight timescale."

Dentons provided legal advice across four jurisdictions, drawing on the Firm's cross-border financing expertise, which includes some 800 finance lawyers worldwide.  In addition to Lee Federman, the Dentons team advising on the deal included Banking and Finance associate Joe Byron Evans in London, Banking and Finance partner Bernhard Gemmel and counsel Tobias von Gostomski in Germany, Banking and Finance partner Jabier Badiola and senior associate Luis Belart  in Spain, and Banking and Finance partner Alessandro Fosco Fagotto and associate Silvia Cammalleri in Italy.