Pennel & Flipo


Pennel & Flipo (Orca)

Industry
www.pennel.fr

LEADER IN THE BOATING MARKET WITH A RANGE OF COATED FABRICS TO PROTECT PEOPLE, MACHINES AND THE ENVIRONMENT

Context

Pennel & Flipo was taken over by its management team together with IDI, supported by EdRIP and Stags Participations.

Business

Founded in 1924, the company markets a coating technique allowing rubber to be applied to a textile base. Manufactured in small production runs, the technical fabric (CSM) is distributed to boating and industrial companies. The company has a manufacturing site in Belgium and four sales offices in France, the United States, Russia and China.

Date of Investment

2015

Status

In our portfolio