HLIO - Mergers and acquisitions

Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has completed the acquisition of i3 Product Development (or "i3".) i3 is a custom engineering services firm, with over 55 engineers specializing in electronics, mechanical, industrial, embedded and software engineering. i3 specializes in working to transform customer's ideas into industrial design solutions through rapid prototyping and creating 3D models in-house. Their solutions are used across many sectors, including medical, off-highway, recreational and commercial marine, power sports, health and wellness, agr

Hydraulics flywheel acquisition brings value-added engineering experience as a proven content solutions provider adding Aerospace, Communication, Food Services, and Life Sciences markets to portfolio Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has completed the acquisition of Schultes Precision Manufacturing, Inc (or "Schultes".) Schultes is a highly trusted specialist in manufacturing precision machined components and assemblies for customers requiring very tight tolerances, superior quality, and exceptional value-added manufacturing processes. Currently s

Flywheel acquisition strategically enhances Helios' Hydraulics segment technologies with leading complex manifold design and manufacturing for precision hydraulic manifolds Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that it has completed the acquisition of Daman Products Company "Daman". Daman is a recognized leader in complex manifold design and manufacturing for precision hydraulic manifolds and related fluid conveyance products. As a long-time partner of Sun Hydraulics, a Helios company, Daman and Sun have developed custom solutions that addre

Strong strategic fit for Hydraulics segment further enhances technology with proprietary complementary products that help to protect the environment and accelerates penetration into target end markets Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that it has completed the acquisition of the assets of Taimi R&D, Inc. ("Taimi"). Founded in 2005, Taimi is a Canadian manufacturer of innovative hydraulic components that offer ball-less design swivel products which improve hydraulic reliability of equipment, increase the service life of components, and he

Strong strategic fit for Electronics segment further enhances technology and enables competitive and scalable capabilities "in the region, for the region" Helios Technologies (NASDAQ:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, today announced that it completed the acquisition of assets related to the electronic control systems and parts business of Shenzhen Joyonway Electronics & Technology Co., Ltd and its related entities (collectively "Joyonway"). The Company previously announced on May 10, 2021, that it had entered into a definitive agreement to acquire the assets of Joyonway. Joyonw

Strong strategic fit for Hydraulics segment further diversifies customer base, deepens geographic reach in Europe and provides enhanced electro-hydraulic technology offerings Helios Technologies (NASDAQ:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, today announced that it completed the acquisition of NEM S.r.l. ("NEM"). The Company previously announced that it had entered into a definitive agreement to acquire NEM on June 14, 2021. NEM is an innovative hydraulic solutions company providing customized material handling, construction, industrial vehicle, and agricultural applications to its