HCapital I


Manufacturing of capital goods for the glass industry

Icebel is a leading manufacturer of inspection, transportation lines and palletizers mostly for the glass industry. Nowadays, Icebel supplies the most reputed international glass manufacturers, exporting to more than 20 countries.

Investment rationale

Foster Icebel development, transitioning from a family owned profile into a global player in its market niche. The strategy is based in organic growth, benefitting from the recent expansion of its industrial facilities.

Transaction Details

Date of investment / divestment
December 2018 / March 2024
Type of Operation


HCapital I