HIG Capital exits VM Industries

HIG Capital said Thursday it sold Holding VM Industries group to Actomezz, which is the mezzanine financing team of ACG Capital. Financial terms weren’t announced. HIG created Holding VM Industries group, of France, in late 2009 following the partial buy of automobile connectivity business of the Molex group at the Villemur-sur-Tarn site. The company has 270 employees spread across France, Germany and the UK, including 65 on the Villemur-sur-Tarn site.

24 March 2016•3 mins read
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