H. I. G. Capital, one of the largest alternative asset management investment companies, has entered into an agreement to acquire a strategic stake in the German machine tool manufacturer HELLER Group. This is reported in the press release of H. I. G.
The financial terms of the deal were not disclosed. The transaction is subject to approval by the antimonopoly authorities.
As part of the partnership, H. I. G. and HELLER plan to accelerate the implementation of the restructuring program through the use of a global network, expanding the range of products based on artificial intelligence technologies, capital resources and H. I. G. expertise in the manufacturing sector. The program was initiated in 2023 by the HELLER Group management in order to increase the company's value.
Upon completion of the transaction, the HELLER founders will retain a significant ownership stake, maintaining the company's identity within the traditional family business.
HELLER is a German manufacturer of CNC machines and production systems for metalworking. The company operates five modern manufacturing facilities in Europe, Asia, North and South America, as well as 30 sales and service branches with a wide network of service partners in all major markets, including mechanical engineering, aerospace, energy, defense and commercial transport. The headquarters is located in Nurtingen (Germany).
H. I. G. is one of the largest alternative asset management investment companies worth $67 billion. The headquarters is located in Miami (Florida) with offices in various American states, as well as in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Sao Paulo, Dubai, Hong Kong, etc.
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