Helios Technologies Acquires Schultes Precision Manufacturing

January 17, 2023

Helios Technologies, a public manufacturer of motion control and electronic controls, has signed a definitive agreement to acquire Schultes Precision Manufacturing, a Buffalo Grove, Illinois-based precision CNC machining and assembly specialist. The acquisition (expected to close in Q1 2023) adds machining capabilities and capacity to Helios' Hydraulics segment; financial terms were not disclosed.

Buyers
Helios Technologies, Inc.
Targets
Schultes Precision Manufacturing, Inc.
Industry
Manufacturing
Location
Illinois, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.