#Germany #H.I.G. Capital #CNC Machines #HELLER Group #Nürtingen

H.I.G. Capital Takes Significant Stake in HELLER Group

H.I.G. Capital, a prominent player in the world of alternative investments with approximately $67 billion under management, has made headlines by forging an alliance with the HELLER Group, a renowned German machine tool manufacturer. This collaboration is set to pave new avenues for innovation and growth within the high-precision engineering sector.

Founded in 1894 and headquartered in Nürtingen, Germany, HELLER is celebrated globally for its cutting-edge CNC machine tools and manufacturing systems. With over 2,600 employees, the company boasts five state-of-the-art production facilities spread across Europe, Asia, North America, and South America. Its extensive network of sales and service branches allows HELLER to cater to a diverse clientele across various industries, including aerospace, defense, energy, and commercial vehicle sectors.

The terms of the agreement indicate that the transaction awaits approval from antitrust authorities, ensuring compliance with regulatory standards in international business practices. Both H.I.G. and the fourth-generation Heller family have emphatically stated their commitment to preserving the company's heritage while steering it towards a prosperous future.

Nicole Pfleiderer and Marc Heller remarked that partnering with H.I.G. represents an ideal union for securing HELLER's future. They highlighted H.I.G.’s esteemed track record and deep expertise in the engineering landscape as key elements that would contribute to HELLER's strategic advantages. By integrating H.I.G.’s operational focus and extensive global network, HELLER aims to solidify its status as a market-leading innovator.

Heller Group’s CEO, Dr. Thorsten Schmidt, underscored that transitioning the company’s strategy is essential to realizing its full potential. The objective aligns with HELLER's vision of expanding its influence by embodying a market-leading position. This collaboration not only assures continued family ownership but also integrates H.I.G.'s advantages to advance HELLER’s ambitious plans.

Christian Kraul-von Renner from H.I.G. expressed confidence in HELLER’s capabilities, citing the company’s impressive engineering prowess and rich legacy that spans over a century. With H.I.G.'s support, he believes that HELLER can elevate its service offerings and market engagement strategies to unprecedented heights.

About HELLER

HELLER Group originated as a small craftsman workshop and has developed into a leading global player in CNC machining technology. Their product arsenal includes advanced machining centers, notable for their precision and efficiency. The company has stayed committed to providing innovative solutions that enhance manufacturing processes through its expansive range of high-tech products and services.

About H.I.G. Capital

H.I.G. Capital is recognized as a dominant force in the field of global alternative investment management. With a focus on supporting medium-sized enterprises through tailored capital solutions, H.I.G. facilitates buyouts, recapitalizations, and corporate join-ventures, extending its influence across various market segments. With a strong foundation built since 1993, H.I.G. has made strategic investments in over 400 companies worldwide, with a passion for nurturing growth and operational excellence.

As both companies embark on this transformative journey, the partnership aims to reinforce HELLER's legacy while simultaneously exploring innovative avenues for growth and expansion in the global market. By fostering synergy between H.I.G.'s investment expertise and HELLER's engineering excellence, this collaboration is poised to generate considerable momentum in the machine tool manufacturing sector.