Xenon Private Equity-backed Tecnopool has acquired Logiudice Forni and Mimac Italia, two Italian companies specialising in manufacturing machinery for the baking industry.
Existing investors Goldman Sachs Growth, Ampega and Finleap also back the round
HIG, alongside the Royo family, retains Royo's shower tray business, which operates under the Fiora brand
Nordic firm has appointed four people across wealth advisory, alternative investment and marketing
For the year ending on 31 March 2020, the company generated £1.6m in EBITDA, from revenues of £27.1m