Fiber Optics Group (FOG) acquires all the shares of IDIL Fibres Optiques. The transaction also welcomes IDIL’s founder and CEO Patrice Le Boudec to FOG 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 closer collaboration 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.

Founded in 1995 by Patrice Le Boudec, IDIL Fibres Optiques is a French company based in Lannion and specialized in optoelectronic systems and subsystems dedicated to fiber optics. IDIL develops and manufactures four main product lines: fiber assemblies and components, optoelectronic systems and lasers, spectroscopy and photonics engineering and services.