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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