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H.I.G. Capital is taking a significant stake in the Heller Group, a Germany-headquartered machine tool and manufacturing system manufacturer. The partnership will ensure the success of its transformation and open up many new opportunities for Heller in the areas of investment, efficiency improvement, product innovation and international market development. Heller CEO Dr Thorsten Schmidt says: “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 achieve our strategic goals faster. Our aim remains clear: securing and expanding our innovation leadership in the market to reach new industries and customers.” More information www.heller.biz