Formerra (H.I.G. Portfolio) Acquires Suministro de Especialidades

Formerra (H.I.G. Capital portfolio company) Acquires Total Polymer Solutions

April 4, 2023

Industrial Services

Formerra, a portfolio company of H.I.G. Capital, has acquired Total Polymer Solutions (TPS), a distributor of polymer materials with a market presence in Ireland and the United Kingdom. The add-on deal strengthens Formerra's healthcare materials distribution footprint in Europe and brings TPS's founders into the Formerra team as continuing investors.

H.I.G. Capital Acquires Avient's Distribution Business, Creating Formerra

November 1, 2022

Industrial Services

H.I.G. Capital (through an affiliate) completed the acquisition of Avient Corporation's Distribution business for $950 million in cash and launched the business as an independent company named Formerra. The carve-out creates a platform distributor of engineered thermoplastic resins, additives and specialty polymers serving healthcare, consumer, industrial and mobility markets; Avient expects approximately $750 million in after-tax proceeds.

SFERRA (Highlander Partners) Acquires Antica Farmacista

August 30, 2024

Consumer Products

SFERRA Fine Linens, a Highlander Partners portfolio company, has acquired Antica Farmacista, a Seattle-based luxury home and body fragrance brand. The acquisition expands SFERRA's luxury home offering into the home fragrance and bath & body categories and integrates Antica Farmacista's founders and employees into the SFERRA team.

Mill Point Capital Acquires FEMSA's Imbera and Torrey Businesses to Form AeriTek Global LLC

July 17, 2024

Manufacturing

An affiliate of Mill Point Capital LLC has completed the acquisition of the commercial refrigeration and foodservice equipment businesses of FEMSA (doing business as Imbera and Torrey) in a cross‑border corporate carve‑out, establishing AeriTek Global LLC as a standalone platform. The transaction unites the Imbera and Torrey brands under Mill Point's ownership to support product innovation, sustainability initiatives and expanded aftermarket services from the company's Kennesaw, Georgia headquarters.

Triton Acquires Fertiberia Group S.A.

February 13, 2020

Manufacturing

Funds advised by Triton have acquired Fertiberia Group S.A., a leading Spanish producer of fertilizers and industrial chemical products, from Grupo Villar Mir. The agreement was signed in August 2019 and the acquisition was completed in February 2020; financial terms were not disclosed. Fertiberia operates roughly 14 production and blending sites and about 1,400 employees across the Iberian Peninsula and Europe.

ENOFLEX Group Acquires SUPERCAP & CORCHOMEX

April 12, 2022

Packaging

ENOFLEX Group has agreed to acquire Italian closure specialist SUPERCAP and Mexican T-closure maker CORCHOMEX, expanding its capsules and closures product portfolio. The agreement was completed on January 31, 2022 and the transaction was finalized on April 12, 2022; both targets will continue to operate independently while benefiting from ENOFLEX's R&D and industrial investments.