Helios Technologies Closes Acquisition of Daman Products

SARASOTA, Fla.--(BUSINESS WIRE)-- Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that it has completed the acquisition of Daman Products Company “Daman”. Daman is a recognized leader in complex manifold design and manufacturing for precision hydraulic manifolds and related fluid conveyance products. As a long-time partner of Sun Hydraulics, a Helios company, Daman and Sun have developed custom solutions that address the most challenging fluid power requirements.