#USA #H.I.G. Capital #London #Aeronautics #CCE Group

H.I.G. WhiteHorse's Financing Boosts CCE Group’s Ambitions

In a significant development for the aerospace equipment industry, H.I.G. WhiteHorse, a credit affiliate of the global investment firm H.I.G. Capital, has announced the provision of a first lien, senior-secured credit facility for CCE Group, a company that has recently garnered attention for its innovative approach to cabin and cargo equipment solutions. This financing is expected to fuel CCE Group's strategic growth and expansion efforts in a market poised for transformation.

A New Era for CCE Group

Founded in 2023, CCE Group emerged as a specialized platform following the carveout of Driessen and AviusULD from industry giant Safran. With its headquarters in Paris, France, the company is focused on enhancing its capabilities within niche markets that encompass cabin and cargo equipment. Driessen is widely recognized as the leader in galley equipment, offering essential products such as trolleys, containers, and connectivity systems, while AviusULD excels in manufacturing unit load devices critical for efficient air cargo operations.

Klaus Hofmann, the CEO of CCE Group, expressed optimism about this financing, stating, "This new funding signifies a pivotal moment for CCE and opens doors to increased strategic flexibility. Our independent foundation has allowed us to build confidence, empowering us to pursue our vision of being a leading player in the cabin and cargo sector."

Barthélemy Grave, a Principal at Hivest Capital Partners, reaffirmed the partnership’s importance, commenting, "Our collaboration with H.I.G. WhiteHorse presents new opportunities for CCE's growth strategy. We are certain that together we can help navigate the dynamic landscape of the aerospace sector, fostering external growth and development."

H.I.G. WhiteHorse’s Strategic Investment

Pascal Meysson, Head of H.I.G. WhiteHorse Europe, noted CCE Group's industry leadership, affirming, "We take pride in supporting market leaders, and CCE’s position as a premier player in its field made this partnership exciting. Our confidence in their management team is strong, and we look forward to contributing to their ongoing success."

Charles Bourgeois, Managing Director at H.I.G. WhiteHorse Europe, highlighted the unique efforts made in carving out CCE from Safran, emphasizing how such strategies have generated substantial value for investors, stating, "The vision and hard work exhibited by Hivest and CCE’s management have formed a solid foundation for future growth. We are excited to be a part of this next stage of their corporate evolution."

Future Prospects

The investment by H.I.G. WhiteHorse comes at a crucial time as the global aerospace equipment sector continues to evolve, influenced by advancements in technology and an increased emphasis on efficiency and sustainability. With optimism surrounding CCE Group's trajectory, industry observers are keen to see how this collaboration will drive innovation and growth in cabin and cargo equipment, ultimately benefiting airlines and cargo operators worldwide.

For further details, visit CCE Group's website and H.I.G. Capital's website.

In conclusion, this strategic financing is a testament to H.I.G. WhiteHorse's commitment to elevating industry leaders and its belief in CCE Group's potential to redefine norms in the aerospace space. As the company lays a welcoming groundwork for future development, stakeholders can expect a robust growth journey ahead, supported by targeted investments and a shared vision for excellence.