H.I.G. Capital is taking a significant stake in the Heller Group, the machine tool and manufacturing system manufacturer. The partnership will open up many new opportunities for Heller in the areas of investment, efficiency improvement, product development and international market development.

Heller CEO Dr Thorsten Schmidt said: “The partnership with H.I.G. is a milestone for our company. H.I.G.’s additional financial resources and global network will enable us to more rapidly achieve our strategic goals. Our aim remains clear: to secure and expand our innovation leadership in the market to reach new industries and customers.”

The partnership with H.I.G. Capital represents a significant development for Heller and opens up numerous prospects for the future. Heller and H.I.G. plan to invest additional funds in the development of innovative technologies. The expansion of digital solutions will enable Heller customers to organise their production even more efficiently and flexibly. These include artificial intelligence on the machine, the digital twin and other simulation and analysis tools, combined with the continued expansion of automation solutions for the networked production environment.

Heller will continue to invest in environmentally-friendly and resource-efficient production technologies to meet the growing demand for sustainability. This also includes the development of energy-efficient machines and processes, and will expand the company’s existing product portfolio to address new industries.

Flexible production systems
Heller’s high-precision machines are specifically designed to meet the needs of diverse industries, including mechanical engineering, aerospace, energy, defence, commercial vehicles and e-mobility (structural components). The integration of additional manufacturing modules and flexible production systems meets the increasing demand for customisation and batch size flexibility.

Heller will continue to expand its sales and service subsidiaries to be closer to customers in strategically important regions. Regional partnerships and joint ventures will be used to provide customised solutions for specific market needs. Close cooperation with leading companies in a variety of industries will enable Heller to develop customised solutions.

For more information contact Retecon on TEL: 011 976 8600 or visit www.retecon.co.za