Helios to sell fluid power business

Chad Elmore Managing Editor, Power Progress

04 August 2025

Australia-based Custom Fluidpower gets new owners

Helios Technologies Inc. has executed a definitive agreement for the sale of Custom Fluidpower (CFP) to Questas Group, a supplier of hydraulic, pump  and engine solutions to the mining, construction, agricultural, oil and gas, and general industrial sectors. The all-cash transaction valued at approximately $54 million ($83 million AUD) is…

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