CP Advisors advised the Angeloni Group, a leading Italian-based producer and marketer of carbon fabrics and high-tech carbon composite products, to Orca Développement

CP Advisors advised the Angeloni Group, a leading Italian-based producer and marketer of carbon fabrics and high-tech carbon composite products, to Orca Développement
Date:

27 June 2019

Place:

Milan, Italy

The Angeloni Group, comprised by G. Angeloni, Industria Tessuti Tecnici (ITT), Dynanotex and Impregnatex Compositi, is an undisputed leader in the supply of carbon solutions and high-tech fabrics for the automotive industry with a high level of quality, innovation and operational excellence.
The industrial project underlying the operation was designed and structured by CP Advisors, which aligned, through a complex industrial and financial operation, the shareholders’ interests of four perfectly complementary and synergistic industrial companies: two companies dedicated to the production of technical fabrics in carbon fiber, aramid, glass and special patented reinforcements (ITT and Dynanotex); one company dedicated to the process of impregnation of high-tech fabrics with high-performance resins (Impregnatex Compositi) and; G. Angeloni, a leading European marketer of highly innovative composite products.

The Group directly and indirectly serves the automotive luxury sector (Ferrari, Lamborghini, Maserati, Pagani, McLaren, BMW, Tesla, etc.), the sport & leisure and the aerospace industries, with over 50% of turnover generated internationally.

Orca Développement SA, together with its Belgian subsidiary Pennel & Flipo, purchased in 2015, and its Brescia based Fait Plast, acquired in 2017, is engaged in the production of plastic and thermoplastic films for the nautical, railway and aerospace & defense sectors and operates with its own commercial structures in Europe, USA, China and Russia. The transaction creates a leading European group in the sector of carbon fiber and thermoplastic composite materials, with a strong focus on high-margin niche markets. The new combined entities bring the group to a consolidated turnover of approximately € 120 million.
 
CP Advisors acted as the exclusive financial advisor to Italian entrepreneurs in the sale process which resulted in the divestiture of G. Angeloni, Dynanotex, ITT and Impregnatex Compositi to Orca Développement.