Helios Technologies’ Acquisition of Joyonway’s Assets

Jones Day advised Helios Technologies on the deal.

Helios Technologies (Nasdaq: HLIO), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, completed the acquisition of assets related to the electronic control systems and parts business of Shenzhen Joyonway Electronics & Technology Co., Ltd and its related entities (collectively “Joyonway”). The Company previously announced on May 10, 2021, that it had entered into a definitive agreement to acquire the assets of Joyonway.

Joyonway is a fast-growing developer of control panels, software, systems and accessories for the health and wellness industry and operates in two cities, Shenzhen and Dongguan, which are in the hub of electronics and software development in China.

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, health and wellness. 

The Jones Day team was led by Ross Keene (Picture).

Involved fees earner: Ross Keene – Jones Day;

Law Firms: Jones Day;

Clients: Helios Technologies Inc;

Author: Martina Bellini