Cadica Group (H.I.G.) Acquires Scatolificio Cartotecnica Giorgi

H.I.G. Europe Acquires Cadica, Tessilgraf and Bernini to Create Luxury Fashion Components Group

May 7, 2019

Manufacturing

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.

H.I.G. Capital Acquires Majority Stake in Berardi Bullonerie

February 3, 2022

Industrial Services

H.I.G. Capital (through an affiliate) has acquired a majority stake in Berardi Bullonerie S.r.l., a leading Italian distributor of fasteners and provider of integrated logistics/kanban services. The investment will support Berardi's growth strategy—combining organic expansion and targeted acquisitions—and the Berardi family (including CEO Giovanni Berardi) will remain invested alongside H.I.G.

H.I.G. Capital Acquires Acqua & Sapone Group (Cesar, SDA and VDM)

October 21, 2021

Retail

An affiliate of H.I.G. Capital has acquired a controlling stake in Cesar di Barbarossa Enio e F.lli S.r.l., Gruppo SDA S.r.l. Servizi Distribuzione Associati and VDM Vaccaro Distribuzione Merci S.r.l., which operate under the Acqua & Sapone brand. The Barbarossa family is reinvesting as a significant minority shareholder; the combined companies operate over 700 stores in Italy and generated more than €900 million of revenues in 2021. H.I.G. said the investment will support integration of the businesses and accelerate Acqua & Sapone's expansion across Italy.

H.I.G. Capital Acquires Majority Stake in Pinalli S.r.l.

February 16, 2023

Retail

H.I.G. Capital has acquired a controlling stake in Pinalli S.r.l., the leading Italian distributor and retailer of high-end beauty and personal care products. The investment, made in partnership with the Pinalli family and management, will support Pinalli's omnichannel expansion, e-commerce development and store renewal initiatives.

All4Labels Group Acquires Carlucci

August 10, 2022

Packaging

All4Labels Global Packaging Group, a Triton Fund V portfolio company, has acquired Carlucci, an Italian producer of pressure-sensitive labels and packaging solutions serving the pharmaceutical and personal care markets. The deal expands All4Labels' capabilities and presence in the pharmaceutical packaging market in Italy and across Europe; terms were not disclosed.

ITAGO SGR Acquires FICIT SRL and Forms Coralia Group (Eco‑Techno Group)

October 1, 2025

Environmental Services

ITAGO SGR has completed the acquisition of FICIT SRL and integrated it into the Eco‑Techno Group, creating the newly branded Coralia Group — a specialized provider of industrial wastewater treatment solutions. The deal is the fourth strategic acquisition by the Eco‑Techno platform and completes its turnkey Zero Liquid Discharge technology offering.