IDI: sale of shares in Flex Composite Group
FCG designs, manufactures and distributes customized solutions in advanced composite materials in specialty markets for over 2,100 customers worldwide. It generates sales of over 200 million euros and employs nearly 400 people.
IDI and Andera Partners are achieving an investment multiple of over 12 times on this investment. The transaction, which is subject to approval by the competition authorities, is expected to close in the third quarter of 2023.
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