Manufacturer acquires distributor for $26 million

Helios Technologies acquired Custom Fluidpower, an Australian distributor that serves mining, material handling, agriculture, construction, energy/oil and gas markets.

  • By Business Observer Staff
  • | 3:55 p.m. August 14, 2018
Helios Technologies President and CEO Wolfgang Dangel.
Helios Technologies President and CEO Wolfgang Dangel.
  • Manatee-Sarasota
  • Share

SARASOTA — Helios Technologies, the parent company of Sarasota-based Sun Hydraulics, acquired the shares of Australian fluid power distributor Custom Fluidpower for approximately $26 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 25, 2026
Fort Myers industrial park under construction
  • March 25, 2026
Multimillion-dollar clubhouse renovation begins at Sara Bay Country Club
  • March 25, 2026
Waterfront hotel in Bradenton under new management
  • March 25, 2026
Sarasota mental health nonprofit pushes to hit $4M fundraising goal

Sponsored Content