Global private equity, debt, and real estate fund manager H.I.G. Capital has agreed to acquire Brazil-listed glass manufacturer Nadir Figueiredo for BRL836 million (approximately USD222 million). Nadir plans to spin out non-core assets into a separate entity, after which H.I.G. will make a tender offer for the company’s shares at a price of BRL63 (USD17) per share. The deal has received shareholder approval and is pending closing conditions, including the spinout.