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HIG Capital acquires in Virutex Ilko

An affiliate of HIG Capital (HIG) has completed the acquisition of a majority stake in Virutex Ilko (Virutex), a cleaning products and kitchenware manufacturer in Latin America.

The founding shareholders of Virutex will remain as significant shareholders in the Company alongside HIG Virutex’s current senior management team, led by CEO Juan Martin Monsalve, will continue to lead the Company. Additional terms of the transaction were not disclosed.

Virutex, headquartered in Chile, is a provider of disinfecting, cleaning, and kitchenware products in Latin America, with direct operations in Chile, Colombia, Peru, Argentina, and Mexico. 

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