IDI Group completed the acquisition of a majority stake in EXSTO Group from IXO Private Equity.

IDI Group, a private equity firm, completed the acquisition of a majority stake in EXSTO Group, a manufacturer of polyurethane elastomer and thermoplastic parts, from IXO Private Equity, a private equity firm. Financial terms were not disclosed. ''Choosing IDI for our fifth LBO was an obvious decision; we share identical convictions, the same strategic vision, and a strong desire to accelerate the group’s expansion in France and abroad,'' Christophe Torres, EXSTO Group President.