Milbank LLP advised the global investment firm H.I.G. Capital, a leading global alternative investment firm with $67 billion of capital under management, on its strategic investment in HELLER Group, a global leader in machine tool manufacturing specializing in cutting technology. The transaction is subject to customary regulatory approvals.
Founded in 1894 and headquartered in Nürtingen, Germany, HELLER is a globally renowned provider of CNC machine tools and manufacturing systems, specializing in high-precision, high-productivity metal processing. The Group has over 2,600 employees and operates five production facilities across Europe, Asia, North America, and South America, with 30 sales and service branches worldwide. HELLER’s global presence has enabled it to serve a diverse range of customers and industries, including engineering, aerospace, energy, defense, and commercial vehicles.
H.I.G. will leverage its extensive manufacturing sector expertise, global network, and capital resources to assist the company to successfully execute on its growth plan. The Heller family will continue to retain a significant ownership interest, preserving the company’s identity as a long-standing family business.
The Milbank team, which comprehensively advised H.I.G. Capital on corporate, tax, finance, and antitrust law aspects of the transaction, was led by partner Michael Bernhardt (Corporate/M&A, Frankfurt) and included the partners Philipp Klöckner (Capital Markets, Frankfurt), Thomas Ingenhoven (Finance, Frankfurt), Matthias Schell (Tax, Munich), Alexander Rinne (Regulatory, Munich) and Christoph Rothenfußer (Corporate, Munich) as well as the special counsel Thomas Möller (Finance, Frankfurt) and the associates Andreas Rief, Hendrik Gäbler (both Corporate, Frankfurt), Christian Kolb (Capital Markets, Frankfurt), Manuel Bogenreuther, Florian Weustenfeld, Tim Prakash (all Corporate, Munich), Adrian Müller-Achenbach (Finance, Frankfurt), Jan Maas and Martin Juhasz (both Regulatory, Munich).
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