H.I.G. Capital has signed a definitive agreement to invest in HELLER Group, a leading German machine tool manufacturer, to support its growth and transformation initiatives.

Information on the Target

The HELLER Group, established in 1894 and headquartered in Nürtingen, Germany, is a distinguished manufacturer of advanced CNC machine tools and manufacturing systems. Renowned for its expertise in high-precision and high-productivity metal processing, HELLER has a workforce exceeding 2,600 employees and operates five cutting-edge production facilities across Europe, Asia, North America, and South America, complemented by 30 sales and service branches globally. This extensive network allows HELLER to cater to a diverse array of sectors, including engineering, aerospace, energy, defense, and commercial vehicles.

Industry Overview in Germany

The machine tool manufacturing industry in Germany is one of the cornerstones of the country's manufacturing sector, known for its engineering excellence and innovation. Germany ranks among the largest producers of machine tools globally, significantly contributing to its economy. The sector has seen steady growth driven by increased investments in automation, digitization, and the adoption of Industry 4.0 practices. As manufacturing continues to embrace smart technologies, the demand for advanced CNC machine tools remains robust, providing a favorable environment for companies like HELLER.

Moreover, the German machine tool market is characterized by a strong export orientation, with many companies exporting a substantial portion of their production. The skilled labor force and a high level of research and development i