HIG Capital, a global alternative investment firm managing $67 billion in capital, has reached a definitive agreement to acquire a strategic stake in the HELLER Group, a Germany-based machine tool manufacturer. This transaction is pending approval from antitrust authorities.

Founded in 1894 and headquartered in Nürtingen, Germany, HELLER specializes in CNC machine tools and manufacturing systems, focusing on high-precision and high-productivity metal processing. The company employs over 2,600 people and operates five production facilities across Europe, Asia, North America, and South America, supported by 30 sales and service branches worldwide. HELLER serves a diverse clientele across various industries, including engineering, aerospace, energy, defense, and commercial vehicles.

The partnership between HIG and the Heller family aims to support a transformation program initiated two years ago by CEO Dr. Thorsten Schmidt. HIG plans to utilize its extensive expertise in the manufacturing sector, along with its global network and capital resources, to help HELLER execute its growth strategy. Importantly, the Heller family will maintain a significant ownership stake, ensuring the company retains its identity as a long-standing family business.