Lincoln Electric completed the acquisition of Vanair.

Lincoln Electric, an American multinational and global manufacturer of welding products, completed the acquisition of Vanair, a privately held, Michigan City, Indiana-based, manufacturer of mobile power solutions serving the US service truck market. Financial terms were not disclosed. “We are pleased to welcome the Vanair team to Lincoln Electric. Vanair is renowned for their leading high-quality manufacturing, innovation, and engineering expertise in the fast-growing maintenance and repair service truck market. By joining together, Lincoln Electric will capitalize on this channel opportunity to accelerate growth and broaden our technology platform for long-term value creation,” Steven B. Hedlund, Lincoln Electric President and Chief Executive Officer.