An affiliate of H.I.G. Capital completed the acquisition of Nadir Figueiredo Indústria e Comércio S.A., a glass tableware producer in Brazil.
The transaction value was approximately R$1 billion.
Founded in 1912 in the state of São Paulo, and led by Morvan Figueiredo and José Eduardo Vidigal Pontes, Nadir Figueiredo is a large glass tableware producer in Brazil. The company has a large portfolio of products including glasses, wine glasses, kitchen and dinnerware products, as well as the iconic “Copo Americano.”
The company has a complete product portfolio of more than 2,000 SKUs, reaching approximately 1,200 customers in the retail as well as commercial food and beverage industries, both in Brazil as well as in 67 other countries.