Helios Technologies Signs Definitive Agreement to Acquire NEM S.r.l.
Helios Technologies (Nasdaq: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has entered into a definitive agreement to acquire NEM S.r.l.
- Helios Technologies (Nasdaq: HLIO) (Helios or the Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has entered into a definitive agreement to acquire NEM S.r.l.
- NEM is ideally located in northern Italys Emilia Romagna region, one of the worlds most innovative and technology-friendly areas in the hydraulics industry.
- We look forward to welcoming the NEM team to the Helios family as we continue to drive growth and create shareholder value.
- Helios expects to close the transaction in the third quarter of 2021 or as soon as practicable, subject to customary closing conditions.