H.I.G. Capital Signs Definitive Agreement To Acquire CGH Group

 


H.I.G. Capital, a global alternative investment firm with $64 billion under management, has signed an agreement to acquire CGH Group S.A., a leading manufacturer of large, engineered storage tanks and accessories in EMEA. Based in Bydgoszcz, Poland, CGH specializes in environmentally friendly storage solutions for flammable liquids, water, LPG, and various industrial applications, including high-pressure tanks for renewable energy infrastructure. The acquisition is pending antitrust clearance.

Krzysztof Jańczak, CEO of CGH, emphasized the partnership's potential to expand CGH's geographical reach and product offerings, supporting Europe's energy transition. H.I.G.'s Managing Director, Holger Kleingarn, praised CGH's engineering capabilities and expressed excitement about facilitating the company's growth through organic development and selective acquisition

Read More - https://www.techdogs.com/tech-news/business-wire/hig-capital-signs-definitive-agreement-to-acquire-cgh-group

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