Following completion of the transaction, Proxmus Group’s expertise in the manufacturing of stainless steel, acid-resistant steel and duplex steel tanks and process equipment will become part of CGH Group’s international offering. The acquisition is expected to strengthen CGH Group’s market position and enhance its capabilities in serving industrial customers across a range of sectors.
CGH Group is a European manufacturer of steel tanks and specialist steel constructions serving customers across the industrial, fuel, energy, water and agricultural sectors. The company forms part of a broader international group backed by H.I.G. Capital, a leading global private equity investment firm.
Proxmus Group is a Polish industrial manufacturer specializing in process equipment, industrial tanks, technological installations, steel structures, CNC machining and heavy mechanical processing. The company serves customers from a wide range of industrial sectors and has built a strong market position based on more than 30 years of manufacturing and engineering experience.