HIG Capital completed the acquisition of Acqua & Sapone for $483m.

HIG Capital, a private equity firm, completed the acquisition of Acqua & Sapone, a non-food discount retailer selling a wide range of household and personal care products at value prices through a network of over 700 retail locations, for $483m. "We have been impressed by Acqua & Sapone's track record of continuous growth and we see enormous potential in consolidating Cesar, SDA and VDM under the same umbrella. We are proud to partner with Nando Barbarossa and look forward to accelerating Acqua & Sapone’s growth," Stefano Giambelli, HIG European Middle Market Managing Director.