Miura Private Equity invests in GH Induction Group

Venture capital firm Miura Private Equity has acquired GH Induction Group and its executive team through a management buy-out (MBO). The company was previously owned by Corporación IBV, and the terms of the deal are confidential.

This enables GH to boost international development projects including a new plant in India that is three times the size of the previous one. GH is also able to increase the production capacity of its China plant and develop the US subsidiary acquired in 2010, specializing in equipment for the aerospace and medical sectors.