H.I.G. Capital signs definitive agreement to acquire CGH Group S.A. for strategic expansion
Jul 04, 2024•over 1 year ago
Acquiring Company
Two Prime Last-Mile IOS and Logistics Estates
Acquired Company
CGH Group S.A
Description
H.I.G. Capital, a leading global alternative investment firm, is pleased to announce that an affiliate has signed a definitive agreement to acquire CGH Group S.A., a leading manufacturer of large, engineered storage tanks and tank accessories in EMEA. This acquisition aims to support CGH’s growth plans, including further geographical expansion, product extension, and building out production capacities, to benefit the European energy transition.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed