Fluid Power World

  • Home
  • Technologies
    • Hydraulics
      • Cylinders & Actuators
      • Filtration/Contamination Control
      • Fittings, Couplings & Adapters
      • Fluids
      • Fluid Conditioning
      • Hose & Tubing
      • Pumps & Motors
      • Related Technologies
      • Sealing
      • Sensors & Gauges
      • Valves & Manifolds
    • Pneumatics
      • Air Preparation & Regulation
      • Compressed Air Technologies
      • Cylinders & Actuators
      • End Effectors & Grippers
      • Fittings, Couplings & Adapters
      • Hose & Tubing
      • Sensors
      • Vacuum
      • Valves & Manifolds
  • Engineering Basics
  • Trending
  • Resources
    • Digital Issues
    • Distributor Search
    • Engineering Week
    • Podcasts
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Leadership
    • 2020 Leadership in Fluid Power Winners
    • 2021 Leadership in Engineering Winners
  • Women in Engineering
    • Women in Fluid Power
    • Women in Engineering
  • Design Guides
    • Design Guide Library
    • Electro-Pneumatic Regulator & Flow Controller Design
    • Hydraulic Cylinders
    • Hydraulic Filtration
    • Hydraulic Hose Assembly
    • Hydraulic Pumps
    • Pneumatic Actuators
    • Pressure Gauges
  • Events
    • Engineering Week
    • Fluid Power Tech Conference

Helios Technologies to acquire Italy’s NEM S.r.l. hydraulics business

By Mary Gannon | June 16, 2021

Share

Helios Technologies has entered into a definitive agreement to acquire NEM S.r.l. Founded in 1995, NEM is an innovative hydraulic solutions company providing customized material handling, construction, industrial vehicle and agricultural applications to its global customer base, predominantly in Europe and Asia. NEM is located in northern Italy’s Emilia Romagna region, one of the world’s most innovative and technology-friendly areas in the hydraulics industry.

Helios technologies logoAccording to Josef Matosevic, Helios’s President and CEO, “This strategic flywheel acquisition demonstrates our continued commitment to our hydraulics segment and growing our core platform. Leveraging NEM’s strong brand name in the Cartridge Valve Technology (CVT) OEM European markets, along with shared synergies, will further advance our technology. This acquisition will optimize Helios’s position to expand our geographic reach, particularly in electrohydraulics, by growing our OEM business throughout the world. In addition, this acquisition gives us more CVT manufacturing capability in Europe. We look forward to welcoming the NEM team to the Helios family as we continue to drive growth and create shareholder value.”

Helios expects to close the transaction in the third quarter of 2021 or as soon as practicable, subject to customary closing conditions. Terms of the acquisition were not disclosed.

Helios Technologies
www.heliostechnologies.com

Other articles for you:

Helios technologies logoSun Hydraulics changes name to Helios Technologies, closes Australian acquisition Where is bar stock used? Rexroth Factory of the Future enablersRexroth’s Factory of the Future exhibit highlights importance of flexibility, multi-tech use Smart manufacturing Donna-Ritson DDR CommunicationsSmart manufacturing must be open to change — are you?

Filed Under: News
Tagged With: heliostechnologies
 

About The Author

Mary Gannon

Mary Gannon is editor of Fluid Power World. She has been a technical writer and editor for more than 13 years, having covered fluid power, motion control and interconnect technologies.

Current Digital Issue

Are hydrogen fuel cells the future for mobile machines? Prioritizing decarbonization is, without doubt, one that most countries agree with almost pure unanimity. Here, in the U.S., the Biden administration has a goal to eliminate carbons from the electric grid system by 2035. Globally, most countries are on similar timelines. But, looking ahead to 2050,…

Get Fluid Power News Direct

Fluid Power News

RSS Featured White Papers

  • High-force linear motion: How to convert from hydraulic cylinders to electric actuators and why.
  • A technical comparison: Performance of pneumatic cylinders and electric rod actuators
  • Quick Connect Couplings: A Critical Component in Hydraulic Systems

Follow us on Twitter!

Tweets by @wtwh_paulheney
Tweets by @FPW_MaryGannon

Fluid Power World 2021 Handbook

Fluid Power World
  • Hose Assembly Tips
  • Mobile Hydraulic Tips
  • Pneumatic Tips
  • Sealing & Contamination Control Tips
  • Advertise
  • About us
  • Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Fluid Power World

  • Home
  • Technologies
    • Hydraulics
      • Cylinders & Actuators
      • Filtration/Contamination Control
      • Fittings, Couplings & Adapters
      • Fluids
      • Fluid Conditioning
      • Hose & Tubing
      • Pumps & Motors
      • Related Technologies
      • Sealing
      • Sensors & Gauges
      • Valves & Manifolds
    • Pneumatics
      • Air Preparation & Regulation
      • Compressed Air Technologies
      • Cylinders & Actuators
      • End Effectors & Grippers
      • Fittings, Couplings & Adapters
      • Hose & Tubing
      • Sensors
      • Vacuum
      • Valves & Manifolds
  • Engineering Basics
  • Trending
  • Resources
    • Digital Issues
    • Distributor Search
    • Engineering Week
    • Podcasts
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Leadership
    • 2020 Leadership in Fluid Power Winners
    • 2021 Leadership in Engineering Winners
  • Women in Engineering
    • Women in Fluid Power
    • Women in Engineering
  • Design Guides
    • Design Guide Library
    • Electro-Pneumatic Regulator & Flow Controller Design
    • Hydraulic Cylinders
    • Hydraulic Filtration
    • Hydraulic Hose Assembly
    • Hydraulic Pumps
    • Pneumatic Actuators
    • Pressure Gauges
  • Events
    • Engineering Week
    • Fluid Power Tech Conference