2023 half-year results
NAV per share as of June 30, 2023: €97.73 or +12.4%
Equity: 730 million euros (+8.6%)
14 operations announced or carried out since January 1, 2023
IDI, a group specializing in private equity, is posting very good results and continued strong activity dynamics. Since January 1, 2023, the IDI has announced 14 operations: 5 disposals, 4 external growths and 5 new acquisitions. The sale of Flex Composite Group to Michelin, realizing more than 12x its investment, once again shows the relevance of IDI’s business model and its ability to support the growth of its investments.
Christian Langlois-Meurinne, President of the IDI Group, declares “The strength of the business model of companies is always revealed in difficult economic and financial periods. In 2023, once again, the IDI and its portfolio of investments prove their resilience and their ability to generate growth for all stakeholders. The latest sales carried out, and in particular the sale of Flex Composite Group under excellent conditions, show that together, we have been able to create value for everyone in even an economically delicate period. This success can be explained by an intact entrepreneurial spirit and a perfect alignment of interests. »