Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a leader in global industrial technology, entered into a definitive agreement to acquire the assets of Taimi R&D, Inc. (“Taimi”) in May 2022.
This acquisition further strengthens Helios’ hydraulics and electronics portfolios. Indeed, Taimi brings a complementary product line that enhances Helios’ ability to create industry leading solutions for Helios and a strong engineering breadth having developed proprietary, scalable technology and solutions-based offerings that are distributed in 34 countries.
A Fasken team led by Neil Kravitz with the participation of Johanne Janelle and Nancy Liu (M&A), Svetlana Samochkine and Éloïse Laflamme (Banking & Finance), Antonio Di Domenico and Robin Spillette (Competition, Marketing and Foreign Investment), Jacques Eddé (Real Estate), Rhonda Grintuch (Labour & Employment), Jean-Philippe Mikus and Nicolas Charest (IP) advised Helios Technologies Inc. in this acquisition.
Jurisdictions
- Canada
- United States