Sarasota company acquisition of hydraulic solutions company set in stone

Just last month, Helios entered a definitive agreement with NEM to acquire the company. The acquisition was announced as completed July 12.

  • By Business Observer Staff
  • | 10:33 a.m. July 23, 2021
  • | 0 Free Articles Remaining!
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 recently announced the acquisition of NEM S.r.l. has been completed. 

Helios previously announced it had entered a definitive agreement with NEM June 14. According to the press release, Helios is a global leader in highly engineered motion control and electronic controls technology.  

 

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