H.I.G. WhiteHorse Provides Financing to CCE Group
Summary
Driessen is the global leader in galley equipment solutions, including trolleys, containers, skids and drawers, as well as cooling and connectivity systems. AviusULD is a market-leading manufacturer of unit load devices (lower deck and main deck containers, pallets, and spare parts).Klaus Hofmann, CEO of CCE, and Pierre Mazi\xe8res, CFO and Corporate Secretary of CCE, commented, "This new financing marks an important milestone in CCEs journey and will provide enhanced flexibility to accelerate our strategic ambitions. "Barth\xe9lemy Grave, Principal at Hivest, said, "We are very enthusiastic about this new partnership, which opens new opportunities for CCEs development and external growth strategy. Hivest invests in SMEs or mid-cap companies in Europe and in the US with a turnover between 50m and 500m in the context of buyout or capital expansion projects. Hivests objective is to help companies reach their full potential by implementing ambitious growth strategies and improving operational performance.