H.I.G. Capital Acquires CGH Group to Support Europe's Renewable Energy Transition
H.I.G. Capital has recently finalized an agreement to acquire the CGH Group, a leading manufacturer of technical storage tanks and accessories in the EMEA region. This strategic acquisition is set to bolster CGH's production capacities and support Europe’s shift towards renewable and decarbonized energy systems.

H.I.G. Capital has recently finalized an agreement to acquire the CGH Group, a leading manufacturer of technical storage tanks and accessories in the EMEA region. This strategic acquisition is set to bolster CGH's production capacities and support Europe’s shift towards renewable and decarbonized energy systems.
H.I.G. Capital, a global alternative investment firm managing $64 billion in equity capital, has officially acquired the CGH Group. CGH, established in the mid-1990s and headquartered in Bydgoszcz, Poland, is renowned for its automated production of environmentally friendly storage tanks for flammable and hazardous liquids, water, and LPG. The company’s high-pressure tank systems also support renewable energy infrastructure.
Krzysztof Janczak, CEO of CGH, expressed optimism about the partnership with H.I.G. Capital. "With H.I.G., we have found a perfect partner to support our growth plans which include further geographical expansion and product extension, accompanied by building out our production capacities.” He emphasized their commitment to serving customers with tailored storage solutions necessary for Europe’s energy transition towards a decarbonized and decentralized energy supply.
Holger Kleingarn, Managing Director at H.I.G. Capital, highlighted CGH’s impressive engineering and production capabilities. This acquisition aligns with H.I.G.’s strategy to support the build-up of Europe’s renewable energy infrastructure. Kleingarn noted that with this partnership, CGH is well-positioned to continue its remarkable growth, both organically and through selective acquisitions.
The acquisition of CGH Group by H.I.G. Capital is a significant step in strengthening the renewable energy sector. CGH's fully automated production process ensures the manufacturing of high-quality storage tanks that meet the needs of various industries, including energy, water, and hazardous liquids. The company’s recent focus on high-pressure tank systems aligns with the broader European agenda of energy decarbonization.
The geographical expansion of CGH is one of the key benefits of this acquisition. CGH's production hub in Poland and sales offices in Denmark and Belgium cover markets in Scandinavia, Benelux, France, Africa, and the Middle East. Under H.I.G.’s guidance, this geographical presence is set to expand further.
CGH has built a reputation for its automated production process of storage tanks since its establishment in the mid-1990s. The company’s headquarters in Bydgoszcz, Poland, serves as the core engineering and production hub, with additional sales offices in Denmark and Belgium. Recently, CGH has developed high-pressure tank systems to support the transition towards renewable energy.
H.I.G. Capital sees great potential in CGH Group. The investment firm plans to support CGH’s growth plans, including further geographical expansion and product extension. This strategic partnership aims to enhance CGH’s capabilities, benefiting both customers and employees.
H.I.G. Capital’s acquisition of CGH underscores its commitment to supporting Europe’s renewable energy infrastructure. CGH’s expertise in manufacturing high-quality storage tanks aligns with the broader goal of achieving energy decarbonization and sustainability.
In summary, the definitive agreement between H.I.G. Capital and CGH Group marks a significant milestone in the renewable energy sector. With enhanced production capacities and a strategic partnership, CGH is poised to play a crucial role in Europe’s energy transition. This acquisition reflects H.I.G. Capital’s dedication to fostering growth and innovation in the renewable energy market.