Financial and press releases
INDUS acquires manufacturer of laser technology systems
- HELD Group develops and produces laser cutting and laser welding machines and systems
- Laser welding systems for hydrogen electrodes provide opportunities for growth
- Another acquisition in the growing automation technology sector
Stock exchange-listed INDUS Holding AG has acquired 70 percent of the shares in HELD Industries GmbH headquartered in Heusenstamm near Offenbach. Employing 22 people, the profitable medium-sized supplier of special machines and systems for precise laser cutting and welding generated annual sales of around EUR 12 million in the financial year 2021. The parties agreed not to disclose the purchase price. With the acquisition, INDUS now unites 48 portfolio companies under its roof.
“As a supplier of special systems for industrial niche markets, the HELD Group is an innovative, broad-based company which complements our diversified portfolio very well,” says Dr. Johannes Schmidt, Chairman of the INDUS Board of Management. The systems of the HELD Group are used, for instance, for cutting technical textiles, especially airbag fabrics, and for metalworking. In addition to laser blanking for the production of medium to large quantities, the metals segment also includes laser hybrid welding systems for large-format steel components, e.g. for shipbuilding.
“In our more than 40-year company history, we have successfully positioned ourselves as a niche supplier for solving user-specific automation tasks,” says G. Held, former owner of the HELD Group. “With a strong partner at our side, we now want to expand our international sales and our service operations and open up new fields of business. Our innovative laser welding systems for H2 electrodes offer particularly interesting growth prospects in the future field of hydrogen electrolysis.” Mr. Held will continue to manage the company as Managing Partner. “As part of the trend towards fully automated and AI-controlled production processes, conventional processes such as punching and welding are increasingly being replaced by laser technology,” says Dr. Johannes Schmidt. “With the acquisition of the HELD Group, INDUS will continue to grow in the automation technology sector, one of the growth industries defined by us.”