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Announced

H.I.G. Capital to invest in HELLER.

Synopsis

H.I.G. Capital, a global alternative investment firm, agreed to invest in HELLER, a machine tool manufacturer. Financial terms were not disclosed. "HELLER is a global technological leader. We are impressed by its engineering excellence, the exceptional skills of its workforce, and the outstanding capabilities of its management team. With a legacy spanning 130 years, the Company has a remarkable foundation, and we are confident in its bright future. We are eager to partner with the Heller family and to collaborate closely with Dr. Thorsten Schmidt and the entire management team to drive the next chapter of HELLER's success," Christian Kraul-von Renner, H.I.G. Managing Director.

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