# Flex Composite Group acquires Selcom

Flex Composite Group (FCG), backed by IDI and Andera Partners, has acquired Selcom, an Italian producer of multiaxial fabrics in technical fibers, from the founding family.

- Type: Acquisition
- Announced: 2022-10-24
- Where: Fregona, Italy
- Status: completed
- Products: multiaxial fabrics, carbon fiber, glass fiber, basalt fiber, hybrid fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Flex Composite Group](https://endata.com/companies/66060.md) (acquirer)
- [Selcom](https://endata.com/companies/66061.md) (target)

## Sources

- [anderapartners.com](https://www.anderapartners.com/fr/andera-expansion-accompagne-fcg-dans-lacquisition-de-selcom/), 2022-10-24: "FCG renforce son positionnement d’acteur de référence sur ce troisième segment en réalisant l’acquisition de Selcom"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.