Announced
Completed
Financials
Tags
Electrical Components
Acquisition
Completed
Private
United States
automation system integrator
Friendly
Single Bidder
Majority
engineering
Domestic
Synopsis
Lincoln Electric, an American multinational and global manufacturer of welding products, arc welding equipment, welding accessories, plasma and oxy-fuel cutting equipment and robotic welding systems, completed the acquisition of RedViking, a privately held automation system integrator. Financial terms were not disclosed. “We are excited to welcome the RedViking team to Lincoln Electric. The acquisition expands our portfolio of automation solutions and extends our ability to serve customers in the growing aerospace and defense industries,” Steven B. Hedlund, Lincoln Electric President and CEO.
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