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Helios Technologies’ Strategy Drives Another Record Year of Product Line and Technological Innovation within its Hydraulics Segment

February 27, 2023 9:00 AM

SARASOTA, Fla.--(BUSINESS WIRE)-- Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today another record year of commercially available product releases and inter-company product iterations within our Hydraulics segment.

Over the years, Helios has built a powerful portfolio of assets and technologies in the hydraulics industry both organically, and through acquisition. Throughout 2022, Sun Hydraulics continued its path of product expansions with the release of twenty-five cartridge valves and seven quick release couplings, increasing the market configurable variations that provide the reliability and dependability our customers have come to expect. These products, which primarily originated in the portfolios of other Helios companies, are newly available to be used in conjunction with the Sun product portfolio for the first time, aiding in the development of new hydraulic solutions. Additionally, Faster created a total of 314 new part numbers, of which 45% were dedicated to OEM customers, including castings, standalone couplers, multi-connections, check valves and screw-on couplers. The remaining new products are available for the distribution market with a focus on caps, accessories, bundles, and other spare parts.

Josef Matosevic, Helios’ President, and Chief Executive Officer, commented, “Helios Technologies has a long history of innovation leadership. This collection of market leading hydraulic product releases and integrated solutions further demonstrate the power of our strategy as we leverage our research and development across our businesses. We are making great progress on becoming an integrated operating company building robust solutions. The outlook is bright as our Hydraulics segment outpaces market growth and maintains a leading market presence.”

Featured Products Commercialized in 2022 Include:

Other Major Hydraulic Innovations Announced in 2022:

Helios Technologies was created with the founding of Sun Hydraulics in 1970. Over the years, Helios has enhanced its Hydraulics capabilities, end markets, and geographies through organic investments and a disciplined and targeted acquisition strategy. Major acquisitions in its Hydraulics segment include:

About Helios Technologies

Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.

Investor and Media contact:

Tania Almond

Vice President, Investor Relations and Corporate Communication

(941) 362-1333

[email protected]



Deborah Pawlowski

Kei Advisors LLC

(716) 843-3908

[email protected]

Source: Helios Technologies, Inc.

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