An affiliate of HIG Capital (HIG), a global alternative investment firm with over USD47 billion of equity capital under management, has acquired a majority stake in Berardi Bullonerie, an operator in the Italian market for the distribution of fasteners and the supply of integrated logistics services.

An affiliate of HIG Capital (HIG), a global alternative investment firm with over USD47 billion of equity capital under management, has acquired a majority stake in Berardi Bullonerie, an operator in the Italian market for the distribution of fasteners and the supply of integrated logistics services.

Giovanni Berardi, CEO and current shareholder of Berardi will re-invest in the business along with other family members.