Stay updated with breaking news from Flex Composite Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ending Q3 with firepower at its peakEARNINGS/SALES RELEASESIDI enjoyed another active quarter. Although the NAV has fallen slightly qoq since June 30, 2023 , it has nevertheless risen by 11.4% YTD...
Private equity firm IDI reports an NAV of 724.5 million euros at September 30, 2023, or 96.85 euros per share, down slightly over three months, but up 11.4% since January 1.The group can look back on...
Adjustment following the completion of the sale of Flex Composite GroupEPS CHANGECHANGE IN EPS2023 : € 9.22 vs 6.45 +42.9%2024 : € 8.17 vs 8.13 +0.51%Our EPS 2023 resets significantly higher due...
Masters the value creation playbookM&A /CORP. ACTIONIDI announced today that it has completed, alongside Andera Partners, the sale of Flex Composite Group to Michelin. This operation, unveiled in...
Michelin completed the acquisition of Flex Composite Group on 27 September 2023 under the terms announced on 19 June 2023. According to the purchaser, “Michelin and FCG have thus created a leader in high-tech engineered fabrics and films”. The acquisition forms part of the Michelin in Motion 2030 strategy and is said to mark “a significant step forward in the development of the group's polymer composites activities”.