Angeloni Group (Venice area, Italy) has officially completed the merger by incorporation of Selcom (Treviso, Italy). This marks the final step in a process that began in 2022.
“The merger,” explains CEO Carlo Della Bona, “is aimed at optimizing our operational structure and enhancing the efficiency of the services we provide to our clients. The two companies began close collaboration immediately after the acquisition in 2022. Our production capabilities and know-how are complementary, and we have essentially ‘walked together’ over the past two years, sharing goals and integrating our expertise. With this final step, we eliminate the last remaining divisions and become one unified team.”
Founded in 1994, Selcom specializes in the production and sale of multi-axial (non-woven) fabrics made from carbon fiber, glass fiber, and Kevlar—expertise that has enriched the Angeloni Group’s portfolio.
The group now operates across five locations:
– 2 sites in Quarto D’Altino (management/logistics and production of unidirectional fabrics);
– 2 production plants in Lombardy: one in Lesmo (Monza and Brianza province) for weaving, and one in Castano Primo (Milan area) for resin impregnation;
– 1 site in Treviso (Selcom).
Angeloni Group, now part of the Michelin Group, has a total turnover of nearly €90 million and employs over 200 people.
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