17/01/2025 – Fiber Optics Group, the expert in fibre optics for extreme environments, through its acquisition of SEDI-ATI Fibres Optiques in July 2023, and held by Yotta Capital Partners, majority shareholder, and J-F Vinchant Holding Strategy, as president, announces the acquisition of IDIL Fibres Optiques, expert in optical fibre systems and optoelectronic sub-systems. Located in Lannion and founded in 1995 by Patrice Le Boudec, IDIL Fibres Optiques develops and manufactures 4 main product lines: fiber assemblies and components, optoelectronic systems & lasers, spectroscopy and photonics engineering & services. Fiber Optics Group acquires all the shares of IDIL Fibres Optiques. The transaction also welcomes IDIL’s founder and CEO, Patrice Le Boudec, to the capital of Fiber Optics Group, who will continue the adventure as IDIL’s General Manager and member of the FOG Strategic Committee.
“I am very proud of this acquisition which is the result of a well-prepared rapprochement,” says Jean-François Vinchant, President and CEO of Fiber Optics Group. “First of all, I welcome Patrice and his team. In our key markets, such as space, defense, energy, medical and industry, we are increasingly facing large clients at #1. The entry of Yotta investment fund in 2023, as majority shareholder, was the first step in consolidating our financial position. We are now entering the external growth phase to consolidate our industrial position. Thanks to IDIL and SEDI-ATI, we are reaching a critical size and becoming multi-site, thus ensuring our clients and stakeholders independence and French & European sovereignty. Moreover, Patrice and I, being very active members of Photonics France, we strongly support our Photonics sector: so, we are very happy to make a solid bridge between the Photonics Bretagne cluster, in the Brittany region, and the Systematic competitiveness pole, in the Ile de France region.”
“This merger will enable IDIL to consolidate its market position, reassuring its customers by reaching a critical size. We hope to be able to position ourselves in larger markets and increase our export share”, adds Patrice Le Boudec.