Brief: Helios Technologies Signs Definitive Agreement To Acquire Schultes Precision Manufacturing

Helios Technologies

17/01/2023 14:26

Jan 17 (Reuters) - Helios Technologies Inc  HLIO.N :
    * HELIOS TECHNOLOGIES SIGNS DEFINITIVE AGREEMENT TO ACQUIRE
SCHULTES PRECISION MANUFACTURING
    * HELIOS TECHNOLOGIES INC - COMPLEMENTARY MANUFACTURING
KNOW-HOW
EXPANDS HELIOS INTO NEW END MARKETS WITH ATTRACTIVE SECULAR
TAILWINDS
    * HELIOS TECHNOLOGIES INC - ADDS AEROSPACE, COMMUNICATION,
FOOD
SERVICES, AND LIFE SCIENCES MARKETS INCLUDING MEDICAL DEVICES
AND DENTAL APPLICATIONS
    * HELIOS TECHNOLOGIES INC - EXPECTS TO CLOSE TRANSACTION IN
Q1 OF
2023, SUBJECT TO CUSTOMARY CLOSING CONDITIONS, TERMS OF
ACQUISITION WERE NOT DISCLOSED

Source text for Eikon:  ID:nBw7QmNFda 
Further company coverage:  HLIO.N