# Helios Technologies to acquire Canadian hydraulic components maker Taimi R&D

Helios Technologies signed a definitive agreement to acquire the assets of Taimi R&D, a Canadian manufacturer of hydraulic swivel components, announced May 9, 2022. Terms were not disclosed and closing is expected in Q3 2022.

- Type: Acquisition
- Announced: 2022-05-09
- Where: Canada
- Status: announced
- Products: hydraulic swivel components, ball-less hydraulic swivels
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Helios Technologies](https://endata.com/companies/5180.md) (acquirer)
- [Taimi R&D](https://endata.com/companies/9215.md) (target)

## Sources

- [heliostechnologies.com](https://www.heliostechnologies.com/investors/news-events/press-releases/detail/226/helios-technologies-signs-definitive-agreement-to-acquire), 2022-05-09: "Helios Technologies, Inc. has entered into a definitive agreement to acquire the assets of Taimi R&D, Inc."

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