On September 30, 2025, Helios Technologies announced the completion of its sale of Custom Fluidpower (CFP) to Questas Group, finalizing a transaction that had been previously announced earlier in the year. The deal closed today, marking the end of Helios’s ownership of the Australian‑based hydraulic fluid power solutions and service provider. The transaction was executed under the terms originally disclosed, and the parties have now transferred all assets and operations to Questas.
In addition to the sale, Helios and Questas entered into a long‑term exclusive distribution agreement. The agreement is subject to annual growth targets tied to market conditions and ensures that Sun Hydraulics’ strategic position in the Australian hydraulics market is maintained through Questas’ extensive engineering, distribution, and service network. This arrangement preserves Helios’s market presence in the region while allowing Questas to leverage the established customer base and infrastructure.
Helios plans to deploy the net proceeds from the transaction in line with its capital allocation priorities. The company will use the funds for debt repayment, disciplined organic investment into its core businesses, and return of capital to shareholders. This strategy aligns with Helios’s broader focus on strengthening its balance sheet, enhancing margin profiles, and delivering shareholder value through targeted investments and share repurchases.
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