#Netherlands #H.I.G. WhiteHorse #Büter Group #Emmen #NPM Capital

H.I.G. WhiteHorse Supports Büter Group with New Credit Facility

In a significant development within the hydraulic solutions sector, H.I.G. WhiteHorse, the credit arm of H.I.G. Capital, has provided a new prioritized secured credit facility to Büter Group. This financial backing is set to enhance Büter's operations, reinforcing its position in the market.

Overview of H.I.G. WhiteHorse and Büter Group

H.I.G. Capital, renowned for its alternative investment strategies, oversees a total of $74 billion in capital. Established to support growth in medium-sized enterprises, H.I.G. not only invests in various sectors but plays a pivotal role in facilitating acquisitions and financing deals through H.I.G. WhiteHorse. Its broad approach combines flexibility and operational enhancements to drive value across the companies it backs.

Büter Group, which is under the ownership of NPM Capital, specializes in manufacturing hydraulic cylinders and lever solutions. Located in Emmen, Netherlands, the company serves OEM clients in off-highway vehicles and related equipment, addressing sectors such as agriculture, construction, and material transport. Büter is notable for its custom hydraulic solutions designed for a variety of industrial applications.

Strategic Importance of the Financing

Faas van Engelen, Director of Capital Markets at NPM, expressed satisfaction with the acquisition of Büter, highlighting H.I.G. WhiteHorse's pivotal role in facilitating the financial transaction. He noted the impressive execution timeline from agreement to close, which took place just before the holiday season, underscoring a commitment to advancing the partnership.

Pascal Meysson, head of H.I.G. WhiteHorse in Europe, remarked on Büter's prominence in niche industrial segments. He emphasized the company's robust market share and strong customer relationships as compelling reasons for the investment. Meysson further defined the investment as a testament to H.I.G. WhiteHorse's capability to operate across diverse sectors, including manufacturing and industry.

Büter's Growth Plans and Market Impact

Founded in 1965, Büter has established itself as a leading manufacturer in Europe, continually innovating with a significant portfolio of patents and utility models spanning six decades. With around 550 employees across three locations in the Netherlands and Germany, the company is set to leverage this financing to expand its product offerings and enhance operational efficiency.

The hydraulic cylinders manufactured by Büter are integral to off-highway vehicles, particularly in industries demanding precision and reliability. The company’s engineering prowess, combined with strategic partnerships, ensures that they meet the unique needs of their clients, providing customized hydraulic solutions that are both efficient and effective.

Conclusion

As the hydraulic solutions market continues to evolve, H.I.G. WhiteHorse’s investment in Büter Group signifies a forward-thinking approach to industry collaboration. This partnership not only emphasizes the potential of hydraulic technology in modern industrial applications but also reflects H.I.G. Capital’s commitment to supporting innovation and growth in key sectors.

For further information about Büter, visit their official website at bueter.com. More insights about H.I.G. Capital's investment strategies can be gathered from their site at hig.com.