H.I.G. Capital Actualité

Contact:

Mark Kelly
Managing Director
mkelly@higcapital.com

Neil McIlroy
Director
nmcIlroy@higcapital.com

H.I.G. Europe
25 St. George Street
London W1S 1FS United Kingdom
P. +44 (0) 20 7318 5700
F. +44 (0) 20 7318 5749
www.higeurope.com

H.I.G. Europe Completes Sale of AR Metallizing to Nissha Printing

LONDON – August 07, 2015 – H.I.G. Europe (“H.I.G.”), the European arm of global private equity firm H.I.G. Capital, announced today that it has completed the sale of its portfolio company AR Metallizing (“ARM”) to Nissha Printing Co., Ltd (“Nissha”) (a publicly traded company listed on the Tokyo stock exchange with revenues of over €850m).

ARM is the global market leader in the manufacturing of metallized paper for use in the food, beverage and consumer packaging goods industries. ARM serves its customer base from three manufacturing facilities in Belgium, Italy and the USA.

H.I.G. acquired ARM in September 2012 and shortly thereafter the assets of Vacumet Paper (the US market leader) were acquired to create the global market leading manufacturer of metallized paper. Since acquisition, H.I.G. and the founding ARM shareholders have assisted with the integration of the acquired assets, invested heavily to expand operations in South America and furthered new product development with the successful launch of metallized products for the consumer packaged goods markets.

Mark Kelly, Managing Director of H.I.G. Capital, said: “We are very proud of what we have accomplished together with the ARM founders and management team; we have built a global leader that today serves over 300 customers in more than 80 countries. Nissha is the right strategic partner for ARM and will enable it to fully capitalise on substantial global growth opportunities. We look forward to watching ARM thrive under its new ownership.”

Bart Devos, CEO of ARM, said: “H.I.G. has been an outstanding and committed partner to ARM. H.I.G.'s ownership has enabled us to invest in world class operations, market leading R&D and new products that serve a customer base across the U.S., Europe, Africa, Asia and South America while providing invaluable operational and strategic guidance. Under H.I.G.'s ownership we have solidified ARM’s position as the global market leader.”

About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with €17 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. Other H.I.G. funds invest in various real assets, including real estate and shipping.

Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of €22 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

About Nissha Printing Co., Ltd
Nissha Printing Co., Ltd, based in Kyoto, Japan, was established in 1929 and is listed on the Tokyo stock exchange. Nissha operates in the Industrial Materials, Devices, Life Innovation and Information and Communication sectors in Japan and internationally. The company’s Industrial Materials segment offers In-mold decoration (‘‘IMD’’), a technology that facilitates molding and printing of plastic products. The Devices segment is involved in the design, development and sale of input devices. The Life Innovation business aims to contribute to safe, secure, and healthy lifestyles worldwide and the Information and Communication business provides media services that support general communication strategies. Nissha employs a workforce of over 3,500 worldwide and currently generates annual sales of over €850m.

* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.