Australian wheel manufacturer Carbon Revolution has exited voluntary administration and transitioned to a private company under the ownership of Orion Infrastructure Capital. The company specializes in one piece carbon fiber wheels for high performance vehicles, including models from Ferrari and Lamborghini. The restructuring follows significant financial losses and a suspension from the Nasdaq. New ownership aims to optimize the manufacturing footprint and improve global competitiveness, while maintaining a base of operations in Geelong, Victoria, to support the evolving automotive supply chain.
