Riello Investimenti SGR has acquired a 70% stake in Filtes International S.r.l., enhancing its position in the high-performance industrial yarn market.

Information on the Target

Riello Investimenti SGR, through its B2O fund, has acquired a 70% stake in Filtes International S.r.l., an Italian company specializing in the production of high-performance industrial yarns designed for safety devices. Established over thirty years ago and located in Capriolo, Brescia, Filtes International operates in a highly technical market. The company is recognized for its proprietary know-how in carding and combing processes as well as its utilization of long staple tearing fiber technology.

In 2024, Filtes International achieved a revenue exceeding €19 million and employs 71 staff members across two production facilities in the Brescia region. Notably, approximately 90% of its business is generated from international markets, with more than half of its revenues derived from non-European countries. The investment from Riello Investimenti SGR is expected to enhance Filtes' ongoing journey of constant innovation and technological investment, a path initiated by the Carrara Group since 1994.

Industry Overview in Italy

The industrial yarn manufacturing sector in Italy is characterized by its robust innovation and highly specialized production capabilities. Italian companies have established a reputation for their quality and craftsmanship, o