Area electronic controls company acquires European company

The acquisition is expected to advance Helios' technology


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  • | 12:00 p.m. July 2, 2021
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Courtesy. Helios President and CEO Josef Matosevic says the acquisition will further advance Helios technology.
Courtesy. Helios President and CEO Josef Matosevic says the acquisition will further advance Helios technology.
  • Manatee-Sarasota
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SARASOTA — Helios Technologies is set to acquire NEM S.r.l., an innovative hydraulic solutions company.

Helios is a global leader in highly engineered motion control and electronic controls technology for diverse end markets. NEM provides customized material handling, construction, industrial vehicle and agricultural applications to its global customer base, predominantly in Europe and Asia, According to a press release,

 

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