H.I.G. Europe Acquires Standard Hidraulica from Aalberts

H.I.G. Europe, an affiliate of H.I.G. Capital, has completed the acquisition of Standard Hidraulica (STH), an international plumbing supplies and sanitary fittings group headquartered in Montcada i Reixac (Barcelona), from Aalberts N.V. H.I.G. said it will support STH’s transition to an independent company and accelerate organic and inorganic growth while leading consolidation in its core markets across Spain, the UK, South Africa and Greece.