BAVARIA , GERMANY—  Heidelberg has sold it's Docufly Software Division another non-core asset about $30 million  to Berlin-based investment firm Elvaston Capital Management. Heidelberg acquired Docufy four years ago as part of its ‘industry 4.0’ strategy at the time. Docufly  develops specialist, multi-level technical documentation and risk management software and employs 120 staff. Heidelberg also added its own peripheral software activities to the operation at the end of 2019. Heidelberg has completed a string of asset sales over the past year including its flagship Print Media Academy building in the heart of Heidelberg town, part of its Wiesloch manufacturing site, and several business units including the CERM narrow web MIS and its Belgian chemicals businesses BluePrint Products and Hi-Tech Chemicals. An attempt to sell the Gallus label business fell through at the eleventh hour,