H.I.G. Capital announces acquisition of Valeo’s thermal commercial vehicles division
H.I.G. Capital, a prominent global alternative investment firm boasting $60 billion in capital under management, has declared a definitive agreement to carve out the Thermal Commercial Vehicles division from Valeo. The division, henceforth known as “Spheros,” is positioned for closure within the year, pending customary regulatory approvals. Based in Germany, Spheros stands as the forefront […]