Helios to sell subsidiary for $54 million

Helios Technologies focuses on engineered motion control and electronic controls technology.
Helios Technologies focuses on engineered motion control and electronic controls technology.
Photo by Elizabeth King
  • Manatee-Sarasota
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Helios Technologies has agreed to sell one of its subsidiaries for approximately $54 million. The Sarasota-based company, which focuses on engineered motion control and electronic controls technology, plans to sell Custom Fluidpower (CFP) to Questas Group in an all-cash transaction.

 

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