Paris, May 6, 2025 – Yotta Smart Industry, the first growth capital and buyout fund dedicated to the modernization and decarbonization of industrial SMEs, announces a major new step in the development of Fiber Optics Group (FOG), with the acquisition of IDIL Fibres Optiques at the end of 2024 and FiberTech Optica (FTO) in May 2025. This project is part of a structured industrial consolidation strategy initiated by Yotta, the majority shareholder, with the aim of creating the world leader in optical fiber assemblies for complex and demanding applications.
An ambitious industrial strategy
Created in 2023 around SEDI-ATI Fibres Optiques, a French pioneer in the design of fiber optic components for extreme environments (nuclear, space, medical, etc.), Fiber Optics Group’s mission is to build a group that is a reference in applied photonics.
The arrival of Yotta Capital Partners, a specialist in the development of low-carbon industrial SMEs, marked the start of a project that is at once technological, sovereign and international.
This ambition led to the first bolt-on acquisition of IDIL Fibres Optiques at the end of 2024. Based in Lannion, France, IDIL brings recognized expertise in optoelectronic systems, lasers, spectroscopy and photonics services to the Group. The merger with IDIL has enabled FOG to achieve critical mass, become a multi-site operation and broaden its product portfolio.
The acquisition of FiberTech Optica: setting course for North America
With the acquisition of FiberTech Optica, based in Kitchener (Ontario, Canada), FOG has taken the next step in strengthening its international presence and technology portfolio. Founded in 2000, FTO is known for the design and manufacture of complex fiber optic assemblies – bundles, probes, cables, sealed feedthroughs – for cutting-edge markets such as spectroscopy, space, astronomy, biomedical, LIDAR and industrial control.
The transaction enables Fiber Optics Group to:
Gain direct access to the North American market, a strategic market for its export development;
Add high-precision technologies to its existing expertise;
Offer an integrated and complementary range of products through its three entities: SEDI-ATI (components for extreme environments), IDIL (photonic systems) and FTO (complex assemblies).
A sustainable and sovereign industrial dynamic
Thanks to the active support of Yotta Capital Partners through its Yotta Smart Industry fund, FOG is pursuing a strategy that combines innovation, industrial growth, a reduced environmental footprint and the strengthening of European technological sovereignty. With operations in the Paris region, Brittany and now Canada, the Group aims to become a major player in photonics worldwide, in line with tomorrow’s industrial, energy and scientific challenges.
Fiber Optics Group is targeting a revenue of 30 million euros. This growth will be supported by an active acquisition strategy, both in France and internationally, in order to strengthen the Group’s technological portfolio, broaden its customer base, and consolidate its presence in strategic photonics markets.
About Fiber Optics Group (FOG)
Founded in 2023, Fiber Optics Group is an industrial group dedicated to innovation, performance, and sustainability in the field of fiber optics. Its mission is to address the growing needs of high-tech industries with advanced fiber optic assemblies for complex or extreme environments, along with associated photonic systems and subsystems. Fiber Optics Group is based on a strong and diversified shareholder structure composed of Yotta Capital Partners (YCP), majority shareholder through the investment fund Yotta Smart Industry (YSI) and two minority shareholders, JF Vinchant Holding Strategy (JFVHS) and Patrice le Boudec.
For further information:
www.fiberopticsgroup.com
www.linkedin.com/company/fiber-optics-group/
