Lincoln Electric completed the acquisition of Alloy Steel Australia.

Lincoln Electric, a manufacturer of welding equipment and consumables, completed the acquisition of Alloy Steel Australia, a manufacturer of maintenance and repair solutions. Financial terms were not disclosed. “We are pleased to welcome the Alloy Steel team to Lincoln Electric to expand our presence in the attractive maintenance and repair sector. Customers are increasingly investing in maintenance to extend the life and maximize the productivity, safety, and energy efficiency of their assets. We are looking forward to expanding their innovative wear plate solution globally and scaling its reach beyond the Asia Pacific mining sector,” Steven B. Hedlund, Lincoln Electric Chair, President and CEO.