Financial investor H.I.G. Capital takes over the majority at Heller in Nürtingen

Financial investor H.I.G. Capital takes over the majority at Heller in Nürtingen

An exciting turn for the traditional Heller Group in Nürtingen: The US financial investor H.I.G. Capital has signed a significant agreement through which he takes over a majority stake in the machine tool manufacturer. H.I.G., a global investment company with an administrated capital of around $ 67 billion, plans to not only support brighter financially, but also to accompany strategically. The deal is subject to antiquity law permits, which will significantly shape the next steps for the company, as H.I.G. explained in a press release.

The Heller Group, which was founded in 1894 and acted with over 2,600 employees in different countries, is known for its state-of-the-art CNC machine tools and manufacturing systems. However, the company faced various challenges in recent years, including a decline in the market, which was also noticeable in sales. The managing director Dr. Thorsten Schmidt pointed out that in 2024 a decline in sales was recorded of almost ten percent. All the more important is the partnership with H.I.G.: It should not only open up new financial scope, but also to expand the focus on external markets and industries such as aviation, defense and energy technology, such as the Stuttgarter Zeitung reported.

strategic realignment and employment

As part of the transformation, Heller plans to decentralize its organizational structure in order to be able to react more flexibly to the needs of the market. However, this could also have an impact on employment; Around 240 jobs in Nürtingen are on the brink. Schmidt explained that the old centralized structures have to be adapted to the new strategy. Despite the restructuring, the next generation of the Heller family emphasize that it remains significant in the company: "We are pleased to have found an ideal partner with H.I.G. to shape a successful future for our company together," said the siblings Nicole Pfleiderer and Marc Heller. According to H.O.T.-NEWS HELLER enables you to expand your innovation leadership and new To successfully open up the market segments.