Helios Technologies to sell Custom Fluidpower business to Questas Group for ~$83M AUD

HELIOS TECHNOLOGIES, INC.

All-cash deal valued at ~$83M AUD (~$54M USD), subject to working capital adjustments.
CFP 2024 sales reached $92M AUD ($61M USD); earnings more than doubled since Helios' 2018 acquisition.
Helios will enter exclusive long-term distribution agreement with Questas for Sun Hydraulics products.
Net proceeds to be used for debt repayment, organic investment, and return of capital.
Transaction expected to close within 60-90 days; CFP reported as held for sale from Q2 2025.

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