Riello Investimenti completed the acquisition of a 70% stake in Filtes International.

Riello Investimenti, a private equity firm, completed the acquisition of a 70% stake in Filtes International, an Italian company specializing in the engineering and production of high-performance technical yarns. Financial terms were not disclosed. The entry of Riello Investimenti will enable the company to accelerate a growth path already characterized by continuous innovation and technological investment.