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Lincoln Electric Holdings, Inc. Acquires RedViking to Expand Automation Solutions

PUBLIC · LECOApr 01, 2024

Acquiring Company

Lincoln Electric

Acquired Company

RedViking

ClevelandPlymouthManufacturingManufacturingAerospace

Description

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has completed the acquisition of RedViking, a privately held automation system integrator based in Plymouth, Michigan, U.S. This strategic acquisition enhances Lincoln Electric's portfolio of automation solutions and extends its ability to serve customers in the growing aerospace and defense industries.

Quick answer

Lincoln Electric is acquiring RedViking, announced April 1, 2024. Lincoln Electric is based in Cleveland, Ohio, United States.

How much did Lincoln Electric pay for RedViking?
The deal value was not disclosed.
What does Lincoln Electric do?
Lincoln Electric Holdings, Inc. is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment.
Where are Lincoln Electric and RedViking based?
Lincoln Electric is based in Cleveland, Ohio, United States. RedViking is based in Plymouth, Indiana, United States.
Who are the decision-makers at Lincoln Electric?
Fundz holds 1 contact at Lincoln Electric. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lincoln Electric

Location

22801 St Clair Ave

Cleveland, Ohio, United States

About

Lincoln Electric Holdings, Inc. is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment. It has a leading global position in brazing and soldering alloys. Lincoln operates 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.

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Frequently asked

Who acquired RedViking?

RedViking was acquired by Lincoln Electric, based in Cleveland. The deal was reported on April 1, 2024. Lincoln Electric Holdings, Inc. Lincoln Electric is publicly traded (LECO) and operates in Manufacturing.

When did Lincoln Electric acquire RedViking?

Lincoln Electric's acquisition of RedViking was reported on April 1, 2024. Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has completed the acquisition of RedViking, a privately held automation system integrator based in Plymouth, Michigan, U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RedViking do?

It is privately held, operating in Manufacturing, and is based in Plymouth.

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