Helios Technologies Signed Agreement to Acquire Schultes Precision Manufacturing

Helios Technologies Signed Agreement to Acquire Schultes Precision Manufacturing

Gemini Power Hydraulics, the new distributor of Hi-Force
Gemini Power Hydraulics, the new distributor of Hi-Force
Peninsular Hydraulic Cylinders from AutomationDirect
Peninsular Hydraulic Cylinders from AutomationDirect
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ERIKS North America Completes Fluid Power Acquisition
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J2L Holding AB acquired Rehobot Group

Helios Technologies Signed Agreement to Acquire Schultes Precision Manufacturing

Helios Technologies Signed Agreement to Acquire Schultes Precision Manufacturing

Helios Technologies, Inc., the global leader in highly engineered motion control and electronic controls technology has acquired Schultes Precision Manufacturing, Inc., the specialist in manufacturing precision machined components and assemblies. Schultes was established in 1946 with approximately $30 million in full-year revenue for 2022. Schultes delivers unparalleled customer service and is committed to investing in the best machining technologies.

Gemini Power Hydraulics, the new distributor of Hi-Force

Gemini Power Hydraulics, the new distributor of Hi-Force

Gemini Power Hydraulics, a company with over 25 years of experience in the Indian market has been recently appointed as the exclusive distributor for Hi-Force in India. Gemini Power Hydraulics having a talented workforce and exceptional service standards will provide excellent support to Indian customers. This partnership will help to gain more customers and to increase Hi-Force's market share in India.

Peninsular Hydraulic Cylinders from AutomationDirect

Peninsular Hydraulic Cylinders from AutomationDirect

AutomationDirect, the leading distributor offering thousands of industrial automation products has recently entered the hydraulic components market by adding Peninsular hydraulic cylinders to its automation product portfolio. This double-acting hydraulic cylinder with bore sizes from 1-1/2 to 4 inches can be used as a replacement for popular brands of NFPA hydraulic cylinders. This product comes with a one-year warranty.

ERIKS North America Completes Fluid Power Acquisition

ERIKS North America Completes Fluid Power Acquisition

ERIKS North America, the distributor of fluid and material conveyance solutions has recently acquired DeeTag, Ltd. (DeeTag), the distributor of hydraulic and industrial hose assemblies. DeeTag has 40 years of experience in the industry and has 3 facilities including two in southern Ontario, Canada, and one in Conover, North Carolina. This acquisition expands the company’s footprint and customer service offerings.

J2L Holding AB acquired Rehobot Group

J2L Holding AB acquired Rehobot Group

J2L Holding AB, the family-owned investment company has recently acquired Rehobot AB, the parent company of Rehobot Hydraulics AB and Simson Power Tools AB. Rehobot Hydraulics located in Eskilstuna, Sweden is the manufacturer and distributor of high-pressure hydraulics products for service and maintenance applications. Simson Power Tools, based in Hofors, Sweden and its sister companies are also included in the acquisition.
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