H.I.G. Capital Partners with HELLER Group to Innovate Manufacturing
H.I.G. Capital Strengthens Manufacturing with HELLER Group Partnership
H.I.G. Capital, a leading global alternative investment firm managing a substantial $67 billion in capital, has announced a significant agreement to invest in the HELLER Group, a renowned machine tool manufacturer. This strategic investment marks a pivotal moment for both entities, poised to drive manufacturing innovation and growth.
The HELLER Group: A Legacy of Excellence
Founded in 1894, the HELLER Group has established itself as a front-runner in the CNC machine tool industry. With its headquarters in Nürtingen, Germany, the company specializes in high-precision and high-productivity metal processing solutions. Boasting a workforce of over 2,600 employees, HELLER operates five advanced production facilities globally, catering to sectors such as engineering, aerospace, defense, and commercial vehicles.
Comprehensive Global Operations
With facilities and sales branches across Europe, Asia, North America, and South America, HELLER has built a robust network that enables it to serve a diverse customer base. This extensive operational reach equips HELLER with the ability to adapt to different market demands and emerge as a preferred partner in various industries.
A Partnership with Vision
The partnership between H.I.G. Capital and the Heller family presents a unique opportunity to further HELLER's strategic initiatives. The collaboration aims to support the transformation plan led by Dr. Thorsten Schmidt, the CEO of HELLER. H.I.G.'s expertise in manufacturing and capital resources will play a critical role in executing the company's growth strategy while preserving its legacy as a family-operated business.
Executives Share Their Enthusiasm
Nicole Pfleiderer and Marc Heller, representatives of the Heller family, expressed their confidence in the partnership, stating that H.I.G.'s proven track record and extensive network will provide vital support for the company’s future endeavors. They are optimistic about HELLER's capacity to realize its strategic goals and enhance its longstanding market presence.
Additionally, Dr. Thorsten Schmidt emphasized that the new investment would facilitate crucial realignment within the company. This alignment aims to fortify HELLER's status as an innovator within the machine tool sector, thereby attracting a broader client base and expanding its services into new industries.
Commitment to Innovation and Success
Christian Kraul-von Renner, Managing Director at H.I.G., stated that HELLER is viewed as a global leader in technology, and he praised the company’s engineering capabilities and management expertise. He outlined a vision for closely working with HELLER's leadership team to ensure a successful transition into the next chapter of growth.
About HELLER's Evolution
Beginning as a small workshop over a century ago, HELLER has transformed into a powerhouse in CNC technology. Its diverse product offerings include advanced machining centers and innovative automation solutions, ensuring that it meets the rising demands of modern manufacturing processes across various sectors.
About H.I.G. Capital
Headquartered in Miami, H.I.G. Capital is recognized for its operationally focused investments in middle-market companies. With a significant international presence and expertise in providing both debt and equity capital, H.I.G. remains committed to adding value to its portfolio throughout various industries. Since its inception in 1993, the firm has successfully invested in and managed over 400 companies worldwide, highlighting its robust approach to investment.
The eminent investment firm continues to grow its influence globally, showcasing its dedication to fostering innovation, efficiency, and sustainable business practices.
Frequently Asked Questions
What is the nature of H.I.G. Capital's investment in HELLER?
H.I.G. Capital has entered into a partnership to invest in HELLER Group, aimed at supporting strategic growth initiatives and innovation in manufacturing.
When was HELLER founded?
HELLER was founded in 1894 as a small craftsman's workshop and has since grown into a recognized leader in CNC machine tools.
What industries does HELLER serve?
HELLER serves various industries, including engineering, aerospace, defense, and commercial vehicles, showcasing its versatility and market reach.
Who is Dr. Thorsten Schmidt?
Dr. Thorsten Schmidt is the CEO of HELLER, actively leading the company's transformation and growth initiatives in partnership with H.I.G. Capital.
How does H.I.G. Capital contribute to its investments?
H.I.G. Capital provides operational expertise, capital resources, and a global network to its portfolio companies, helping them achieve strategic goals and enhance overall performance.
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