H.I.G. Capital Completes Investment in Brazilian Ice Cream Company Creme Mel (Latin America)
Source: H.I.G. Capital
Global private investment firm H.I.G. Capital’s affiliate H.I.G. Brazil has invested in Creme Mel Sorvetes (Creme Mel), a Brazil-based ice cream company. Creme Mel has over 900 employees and sells ice cream in nine Brazilian states. H.I.G.’s investment will allow Creme Mel to construct a new plant and expand its production capacity. Financial details of the transaction were not disclosed.