On the 27th, the manufacturing corporation DN Solutions announced that it will acquire the German high-end manufacturing machinery company Heller Group for 67.8 billion won.
The acquisition target consists of all equity of Heller Holding SE & Co. KGaA, the holding company of Heller Group, and Heller Management SE, which holds shares in group affiliates.
The stock purchase agreement for the acquisition was signed on the 26th (local time) in Nürtingen, Germany.
The signing ceremony was attended by Kim Won-jong, CEO of DN Solutions, and Mark Heller and Nicole Pfleiderer, owners of Heller Group, among other officials.
DN Solutions plans to acquire all equity for cash, with a scheduled acquisition date of Jan. 2, 2026.
The company expects that this acquisition will exceed a consolidated revenue of 3 trillion won and believes it can create synergies from product diversification and the reinforcement of its product line.
Heller Group was established in 1894 and develops and produces CNC machine tools and manufacturing systems at major production facilities in Germany, the United Kingdom, the United States, Brazil, and China.
DN Solutions plans to promptly advance the licensing procedures with the governments of the relevant countries to finalize the equity sale agreement and realize the synergy effects.
Kim Won-jong, CEO of DN Solutions, noted, "This acquisition will bring amazing innovation to the global manufacturing industry," and said, "The two companies will provide differentiated value to customers and strengthen their position as a high-end brand in the global machine tool market."