# Helios Technologies to acquire Schultes Precision Manufacturing

Helios Technologies has signed a definitive agreement to acquire Schultes Precision Manufacturing, a precision machined components manufacturer in Buffalo Grove, Illinois. Schultes had approximately $30 million in revenue in 2022.

- Type: Acquisition
- Announced: 2023-01-17
- Where: Buffalo Grove, Illinois, United States
- Status: announced
- Products: precision machined components, assemblies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Helios Technologies](https://endata.com/companies/5180.md) (acquirer)
- [Schultes Precision Manufacturing](https://endata.com/companies/67919.md) (target)

## Sources

- [heliostechnologies.com](https://www.heliostechnologies.com/investors/news-events/press-releases/detail/251/helios-technologies-signs-definitive-agreement-to-acquire), 2023-01-17: "Schultes is an excellent bolt-on flywheel acquisition to add to our Hydraulics segment."

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