Track record

Overview

Hilite is a global supplier of leading automotive solutions, and innovative engine and transmission products. Through our ownership, it transformed from an ambitious and growing automotive business to a truly global leader in innovative products for improving fuel efficiency.

Together with the Board, we developed Hilite's internationalisation strategy, introduced a Chairman with strong global sector knowledge and an extensive network. We brought in two NXDs, one with US experience and the other with a Chinese focus, to help develop the Asian market. We also established a state of the art manufacturing plant in China in order to drive Asian sales and helped the development of a ‘one international Hilite’ culture which improved operating efficiency through best practice sharing.

Highlights under our ownership

  • 50% core revenue growth, including sales to China increasing from 0 - 17% in three years
  • Won new customers globally including Audi and Volvo, and provided greater global support to existing customers
  • Globally coordinated R&D effort with new centres opened in the US and China
  • Large scale global sourcing improvement initiative
“3i has supported us through a vital phase in our development. We’re now a more focused company with global presence, particularly in China.” Karl Hammer, CEO, Hilite International
Back to top