# EDGAR Filing Document

**Accession Number:** 0001024795
**File Stem:** 0000950170-25-102046
**Filing Date:** 2025-8
**Character Count:** 12414
**Document Hash:** 3a7c1d815fd7c411f5b3290d6088127a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-102046.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0000950170-25-102046

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250804

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HELIOS TECHNOLOGIES, INC.
- **CENTRAL INDEX KEY:** 0001024795
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 592754337
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1230

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40935
- **FILM NUMBER:** 251180706

**BUSINESS ADDRESS:**
- **STREET 1:** 7456 SIXTEENTH STREET EAST
- **CITY:** SARASOTA
- **STATE:** FL
- **ZIP:** 34243
- **BUSINESS PHONE:** 9413621200

**MAIL ADDRESS:**
- **STREET 1:** 7456 SIXTEENTH STREET EAST
- **CITY:** SARASOTA
- **STATE:** FL
- **ZIP:** 34243

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUN HYDRAULICS CORP
- **DATE OF NAME CHANGE:** 19970423

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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## **FORM** 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported):** August 04, 2025<br>

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HELIOS TECHNOLOGIES, INC.

**(Exact name of Registrant as Specified in Its Charter)**

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| | | |
|:---|:---|:---|
| Florida | 001-40935 | 59-2754337 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 7456 16th St E |  |  |
| Sarasota**,** Florida |  | 34243 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

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**Registrant's Telephone Number, Including Area Code:** 941 362-1200<br>

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

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| | | |
|:---|:---|:---|
| **<br>Title of each class** | **Trading<br>Symbol(s)** | **<br>Name of each exchange on which registered** |
| Common Stock $.001 Par Value | HLIO | New York Stock Exchange |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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## **Item 8.01 Other Events.** 
On August 1, 2025, Helios Technologies, Inc (the "Company") entered into a definitive agreement to sell its Custom Fluidpower ("CFP") business to Questas Group ("Questas"). The all-cash transaction valued at approximately $83 million AUD (~$54 million USD) is subject to final working capital and other customary closing adjustments. In connection with the sale of CFP, the Company will also enter into an exclusive agreement with Questas for the Company to continue its relationship with CFP as a customer of its Sun Hydraulics' business for cartridge valve and manifold products. A copy of the press release announcing the sale of CFP is attached here as Exhibit 99.1.

## **Item 9.01 Financial Statements and Exhibits.** 
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits

99.1 [<u>Press release dated August 4, 2025</u>](hlio-ex99_1.htm)

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
|  |  |  | HELIOS TECHNOLOGIES, INC. |
| Date: | August 4, 2025 | By:  | /s/ Sean Bagan |
|  |  |  | **Sean Bagan<br>President, Chief Executive Officer, and Chief Financial Officer (Principal Executive Officer and Principal Financial and Accounting Officer)** |

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## Exhibit 99.1

SARASOTA, FL, August 4, 2025— <u>Helios Technologies</u>, Inc. (NYSE: HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that it has executed a definitive agreement for the sale of Custom Fluidpower ("CFP") to Questas Group ("Questas"). The all-cash transaction valued at approximately $83 million AUD (~$54 million USD) is subject to final working capital and other customary closing adjustments. The transaction value represents an increase of approximately $48 million AUD above the acquisition price paid for CFP by the Company in August 2018. Questas, is headquartered in Sydney, Australia, and has approximately 850 employees across 37 locations. Helios will also enter into a long-term exclusive distribution agreement with Questas, subject to annual growth targets tied to market conditions, assuring the continuity of Sun Hydraulics' strategic position in the Australian hydraulics market through CFP's extensive engineering, distribution, and service network.

"This planned divestiture of CFP demonstrates our commitment to value creation as we refine our operating model, instilling financial discipline and driving improved returns on invested capital," said Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios. "Since Helios' purchase of the business in 2018, CFP's sales have expanded every year growing to $92 million AUD ($61 million USD) in 2024 and impressively earnings have more than doubled during that same period. As we assess our business models, we recognize that its position as a leading fluid power distributor and service provider aligns more effectively with our value-added distribution customer base. We are excited that CFP will remain an ongoing customer and continue to build upon the long-standing relationship with Sun Hydraulics. I would like to thank the employees of CFP and recognize them for their dedication and successful efforts in growing the business. While the divestiture will reduce Helios' sales and earnings run rates, it will improve margin rates within our Hydraulics segment and at a consolidated level."

"We are delighted to welcome CFP into the Questas group of companies. The CFP team brings deep expertise in system design, custom manifolds, cartridge valves, and hydraulic-release brakes—solutions we previously sourced externally. CFP strengthens our value proposition to customers, significantly advancing our ability to serve the full hydraulics lifecycle," said Mark Taylor, Group Chief Executive Officer of Questas Group.

"Questas has extensive experience in the Australian hydraulics market and carve-out expertise, which we believe will unlock new potential for the CFP business. This transaction allows us to focus on our core manufacturing capabilities in the APAC region while leveraging CFP as our key distribution partner to service the Australian market. We remain committed to our 'in the region for the region' strategy and believe the structure going forward positions us to better meet customer needs in Australia and across the entire APAC region. We also believe the move will help provide broader growth opportunities for the CFP team and position CFP to deliver enhanced value for its customers with Questas' backing," Mr. Bagan concluded.

Helios expects to use the net proceeds from the transaction consistent with its stated capital allocation priorities, including debt repayment, disciplined organic investment into the business, and return of capital to shareholders.

Helios will begin reporting CFP as held for sale in the Company's consolidated financial statements for the second quarter of 2025 through the closing date.

The Company expects the transaction to close in the next 60 to 90 days, subject to the satisfaction of customary closing conditions.

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| | |
|:---|:---|
|  | Exhibit 99.1 |
| ![img252001787_0.jpg](img252001787_0.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;**NEWS** <br>**RELEASE** |

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FOR IMMEDIATE RELEASE

**Helios Technologies Announces Definitive Agreement to Sell its Australian-Based Hydraulic Fluid Power Solutions and Service Provider Business**

Helios Technologies \| 7456 16<sup>th</sup> St East \| Sarasota, FL 34243 \| 941-362-1200

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***Helios Technologies Announces Definitive Agreement To Sell Its Australian-Based Hydraulic Fluid Power Solutions and Service Provider Business***

***August 4, 2025***<br>***Page 2 of 2***<br>

Squire Patton Boggs is serving as legal counsel to the Company in connection with the sale of CFP.

**About Questas Group**<br> Headquartered in Sydney, NSW, Questas Group is a proudly Australian-owned and trusted partner for hydraulic, pump, and engine solutions. With approximately 850 staff across 37 locations Australia-wide, we've been a driving force in the industry for over 30 years, serving the mining, construction, agricultural, oil and gas, and general industrial sectors. For more information please visit: www.questas.com.au/.

**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.

**<br>FORWARD-LOOKING INFORMATION**

*This news release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements in this release, including statements about the transaction and our strategic plans as well as the financial impact to the Company resulting therefrom, and our ability to close the transaction and the timing of the closing, are subject to risks that could cause actual results to differ materially from those suggested by the statements. These risks include, but are not limited to, the ability to successfully complete the divestiture of CFP on a timely basis, including receipt of required approvals and satisfaction of other conditions, the risk that the gain on sale of the assets could ultimately be less than we currently expect, and the ability of the Company to use the proceeds of the transaction consistent with its stated capital allocation priorities. Further information concerning these and other risks is included in Helios' filings with the SEC, including its Form 10-K for the year ended December 28, 2024, and subsequent Form 10-Q filings. Helios disclaims any obligation to update any forward-looking statements except as required by law.*

**Investor and Media contacts:**

Tania Almond<br>Vice President, Investor Relations and Corporate Communication <br>(941) 362-1333<br>tania.almond@HLIO.com

Deborah Pawlowski<br>Alliance Advisors LLC<br>(716) 843-3908<br>dpawlowski@allianceadvisors.com

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Helios Technologies \| 7456 16<sup>th</sup> St East \| Sarasota, FL 34243 \| 941-362-1200

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