Helios Technologies Acquires Taimi R&D
May 9, 2022
Helios Technologies, a public provider of motion control and electronic controls technology, has signed a definitive agreement to acquire the assets of Canadian hydraulic-component manufacturer Taimi R&D, Inc. The acquisition adds Taimi’s proprietary ball-less swivel couplings and engineering capabilities to Helios’ Hydraulics platform; the deal is expected to close in Q3 2022 and terms were not disclosed.
- Buyers
- Helios Technologies, Inc.
- Targets
- Taimi R&D, Inc.
- Sellers
- Taimi R&D, Inc.
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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