# Helios Technologies to acquire hydraulics maker NEM S.r.l. of Italy

Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.

- Type: Acquisition
- Announced: 2021-06-14
- Where: Emilia Romagna, northern Italy, Italy
- Status: announced
- Products: cartridge valves, electro-hydraulic solutions, hydraulic systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Helios Technologies](https://endata.com/companies/5180.md) (acquirer)
- [NEM S.r.l.](https://endata.com/companies/8081.md) (target)

## Sources

- [heliostechnologies.com](https://www.heliostechnologies.com/news/press-releases/detail/197/helios-technologies-signs-definitive-agreement-to-acquire), 2021-06-14: "Helios has entered into a definitive agreement to acquire NEM S.r.l."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.