DN Solutions has signed an agreement to acquire HELLER, expanding its presence in Europe and strengthening its portfolio in machining centres and 5-axis technologies. The transaction is subject to approvals from antitrust and other regulatory authorities.
According to DN Solutions, the company generates annual sales of around USD 2 billion and employs more than 2,000 people. HELLER, founded in 1894, employs approximately 2,100 people worldwide and operates production sites on four continents.
“By combining our strengths with HELLER over 130 years of expertise in machining centres, this partnership will deliver groundbreaking innovations to the manufacturing industry. Furthermore, the two companies will offer unique value to customers and reinforce their position as a high-end brand in the global machine tool market,” said Wonjong Kim, CEO of DN Solutions.
“HELLER remains HELLER – we are continuing our brand, our DNA, and our culture in the new partnership. At the same time, this opens up enormous opportunities for us to leverage our expertise even more effectively within a global network,” said Dr. Thorsten Schmidt, CEO of HELLER.
The two companies stated that the merger will allow them to provide a broader range of machine tool solutions, including boring mills, machining centres, turnkey systems, and automation technologies.
Rothschild & Co is acting as M&A adviser to HELLER in the transaction.
HELLER develops and produces CNC machine tools and manufacturing systems for metal-cutting applications across various industries. Its portfolio includes 4-axis and 5-axis machining centres, mill-turn centres, and project machines for series manufacturing, supported by services and digitalisation solutions.
Founded in 1976, DN Solutions is part of DN Automotive Group and offers about 400 product types, including turning and milling technologies. The company operates through a network of more than 140 dealers in 66 countries and serves sectors such as automotive, aerospace, medical technology, energy technology, semiconductors, electronics, and construction technology.