Orca Développement to acquire Angeloni Group.

Angeloni Group, one of the leading companies in Europe in the production and marketing of high-tech carbon fiber composite fabrics, was acquired by the Orca Développement group, owned by the French fund IDI and by Andera Partners. Financial terms were not disclosed. Angeloni Group directly and indirectly serves the automotive luxury sector (supercars, luxury cars and electric cars) (Ferrari, Lamborghini, Maserati, Pagani, McLaren, BMW, Tesla, etc.), the sport & leisure sector and the aerospace sector, with over 50% of turnover achieved abroad.