H.I.G. WhiteHorse has provided a senior-secured credit facility to CCE Group, enhancing its financial flexibility to accelerate growth within the Cabin & Cargo Equipment sector.

Information on the Target

H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, has announced the provision of a new first lien, senior-secured credit facility for CCE Group, a dynamic player in the aeronautic sector. Based in Paris, France, CCE was established in 2023 following the carve-out of Driessen and AviusULD from the multinational company Safran. The Company is dedicated to nurturing enterprises that hold prominent positions in niche markets related to Cabin & Cargo Equipment.

Driessen stands out as the global leader in galley equipment solutions, offering products such as trolleys, containers, skids, drawers, as well as cooling and connectivity systems. Furthermore, AviusULD specializes in manufacturing unit load devices, including containers for both lower and main decks, along with pallets and spare parts, making it a key player in its field.

Industry Overview in France

The aeronautic industry in France is well-recognized for its robust technological advancements and an emphasis on innovation. France, being one of the leading countries in aviation manufacturing, hosts