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HIG Capital to acquire CGH Group

An affiliate of HIG Capital, a global alternative investment firm with $64bn of capital under management, is to acquire CGH Group, a manufacturer of large, engineered storage tanks and tank accessories in EMEA.

CGH was established in the mid-1990s and is headquartered in Bydgoszcz, Poland. According to a statement, the company applies a fully automated production process of environmentally friendly storage tanks for flammable and hazardous liquids, water, or liquefied petroleum gas, as well as tanks for various industrial applications serving current energy infrastructures.

CGH’s core engineering and production hub as well as its sales office for the CEE region operate out of Poland. Its sales offices in Denmark and Belgium cover markets in Scandinavia, Benelux and France as well as international markets in Africa and the Middle East.

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