Helios Technologies Acquires Daman Products
September 7, 2022
Helios Technologies has acquired the assets of Daman Products Company, a Mishawaka, Indiana-based designer and manufacturer of precision hydraulic manifolds. The acquisition strengthens Helios' Hydraulics segment by adding Daman's manifold design and manufacturing capabilities, expanding product offerings and enabling horizontal product-line integration across industrial and mobile end markets.
- Buyers
- Helios Technologies, Inc.
- Targets
- Daman Products Company, Inc.
- Sellers
- Daman Products Company, Inc.
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Buyout
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