Korean company targets $2.1 billion in annual revenue
The world’s No. 3 machine tool maker DN Solutions announced on Aug. 27 that it has signed a deal to take over Germany’s HELLER Group, a premium machine tool company.
Founded in 1894, HELLER boasts more than 130 years of history and is recognized as a global leader in machining centers specialized for complex and ultra-precise processes.
Upon completion of the acquisition, DN Solutions’ consolidated revenue is expected to approach 3 trillion won (about $2.1 billion).
CEO Kim Won-jong met with the largest shareholder of HELLER Holding in Nürtingen, Germany, and signed an agreement to purchase all outstanding shares.
Through the measure, DN Solutions aims to secure HELLER’s world-class machining center technologies accumulated over more than a century.
The companies’ globally distributed production bases are also expected to generate strong synergies. HELLER operates major facilities in Germany, the United Kingdom, the United States, Brazil, and China.
By contrast, DN Solutions has plants in Korea, China, and soon India. This global network will allow the two companies to respond flexibly to regional demand shifts and external variables.
In particular, HELLER’s U.S. plant is expected to help mitigate the impact of recent U.S. tariff policy changes.
With DN Solutions as its financially stable majority shareholder, HELLER expects to secure financial synergies while leveraging DN Solutions’ global sales network and extensive product lineup to boost revenue.
The M&A is also expected to generate cost efficiencies through economies of scale and enhanced competitiveness, according to DN Solutions.
The two companies plan to swiftly complete government approval procedures in relevant jurisdictions to finalize the transaction and begin realizing synergies.
“DN Solutions’ energy, cultivated through global challenges, will combine with HELLER’s 130 years of machining expertise to bring remarkable innovation to global manufacturing,” DN Solutions CEO Kim Won-jong said.
“Together, we will deliver differentiated value to our customers and strengthen our standing as a premium high-end brand in the global machine tool market.”
