H.I.G. Europe Acquires Cadica, Tessilgraf and Bernini to Create Luxury Fashion Components Group
May 7, 2019
H.I.G. Europe, the European arm of private equity firm H.I.G. Capital, completed the simultaneous acquisition of Italian labels, trims and packaging manufacturers Cadica, Tessilgraf and Bernini and combined them into a single Group. The new Group will serve premium and ultra-luxury fashion brands worldwide, leveraging shared IT, logistics and manufacturing capabilities and acting as a platform for further industry consolidation and add-on acquisitions.
- Buyers
- H.I.G. Europe (H.I.G. Capital)
- Targets
- Cadica, Tessilgraf, Bernini
- Industry
- Manufacturing
- Location
- Emilia-Romagna, Italy
- Transaction Type
- Buyout
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