H.I.G. Europe makes three acquisitions
Summary
The solutions offered are of increasing strategic importance for fashion houses keen to differentiate their image and products from those of competitors, ensure their authenticity, and improve customers’ shopping experience. The integration will generate significant synergies, enhancing the distinctive features of each company within the Group and benefitting from their shared IT infrastructure, international logistics platform (with a presence in the USA, China, Hong Kong, India, Turkey, Romania and Tunisia), manufacturing know-how, and high-level expertise in design. The newly formed Group will act as a platform for an ambitious program of further acquisitions, aimed at creating the leading international provider of components for premium and ultra luxury brands (buttons, zippers, metal decorations, ribbons, labels, packaging, etc. The combination of the complementary skills of the companies belonging to the Group will allow us to enhance and improve the service offered to our customers, both in terms of creativity, production experience and logistical support. Cadica, Tessilgraf and Bernini, founded respectively in 1974, 1958 and 1977, are three historic companies in the Italian garments label district with important clients in the premium and absolute luxury segments of the fashion market.