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New Deal


Announced

Completed

H.I.G. Capital completed the investment in Virutex Ilko.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

kitchenware

Household Appliance

cleaning products

Single Bidder

Private Equity

Cross Border

Majority

Private

Chile

Acquisition

Completed

Synopsis

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H.I.G. Capital, a global alternative investment firm, completed the investment in Virutex Ilko, a cleaning products and kitchenware manufacturer in Latin America. Financial terms were not disclosed. "We are very pleased that H.I.G., with its international presence and resources, will join us in our growth over the coming years. We expect that, with H.I.G.’s support, we will be able to expand our brand portfolio with a continuing focus on sustainability," Juan Martin Monsalve, Virutex CEO.

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