GH Induction Group

Activity
Design and manufacturing of turnkey induction heating equipment
Headquarter
Valencia
Type of transaction
Management Buy-Out (MBO)
Project
International expansion
Investment year
2012
Status
Divestments

Induction heating solutions for industry

In December 2012, Miura acquired a majority stake in GH Induction Group, a leading company in the design and manufacturing of turnkey induction heating equipment, mainly for the automotive, cable, industrial, aerospace and medical sectors.

Miura shared the GH Management team´s vision of enhancing international expansion through European consolidation, as well as establishing a strategic presence in emerging markets (focusing on India and China).

In 2016, the company reaches sales of nearly €50m. With 350 employees, serves more than 5,000 customers worldwide.

After 4 years with Miura, GH consolidated its leading position within the European market from its Valencia headquarters and German and French subsidiaries and strengthened its exposure to emerging markets through its subsidiaries in Brazil, India and China, where GH has a privileged position and local production capacity.

www.ghinduction.com