H.I.G. Capital sells German car parts maker to Tokai Rubber

Newswire

FRANKFURT, Jan 29 (Reuters) - H.I.G. Capital has sold car parts maker Anvis to Japan-based Tokai Rubber for 132 million euros ($177.91 million), a source said, in a sign that Asian interest in German technology remains high. The companies confirmed the deal in a joint statement on Tuesday without disclosing the price. In late 2012, a Chinese group approached private equity group H.I.G. and the group started a sales process in which Tokai Rubber - Anvis' joint ...

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