# H.I.G. Capital acquires SIAT Group, case taping machinery leader

H.I.G. Capital, an alternative investment firm, acquired SIAT Group, a global market leader in case taping machinery and pallet wrapping machinery. SIAT is headquartered in Turate, Italy, and employs over 300 people.

- Type: Acquisition
- Announced: 2022-04-06
- Where: Turate, Milan, Italy
- Status: completed
- Products: case taping machinery, pallet wrapping machinery, strapping heads and tools
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [H.I.G. Capital](https://endata.com/companies/2117.md) (acquirer)
- [SIAT Group](https://endata.com/companies/14919.md) (target)

## Sources

- [der-indat.de](https://www.der-indat.de/h-i-g-capital-acquires-the-siat-group/), 2022-04-06: "SIAT is the global market leader for case taping machinery with a premium brand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.