Orca Developpement acquires four Italian carbon composite firms, creates Angeloni Group

Orca Developpement, controlled by IDI private equity, acquired G. Angeloni, Industria Tessuti Tecnici, Dynanotex, and Impregnatex Compositi, creating the Angeloni Group with a combined turnover of over €120 million. The deal value is reported at €60 million.

“The new Angeloni Group generates a significant part of its turnover (around 40%) in the automotive sector with particular regard to supercars, luxury cars and electric cars.”bebeez.eu

• 1 source
• bebeez.euOrca Developpement, owned by IDI private equity, acquired four leading Italian companies in the carbon composite materials market and creates the Angeloni Group – BeBeez InternationalBebeezJul 2, 2019

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