Lincoln Electric signs agreement to acquire Fori Automation
Lincoln Electric Holdings, Inc. signed a definitive agreement to acquire Fori Automation, Inc., a designer and manufacturer of automated welding systems and assembly solutions, for an undisclosed amount. The acquisition is expected to add approximately $225 million in annual automation sales.
Productsautomated welding systemsautomated assembly systemsautomated material handling solutionsAGVsend of line testing systems
“Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (the 'Company') announced today that it has signed a definitive agreement to acquire Fori Automation, Inc.”ir.lincolnelectric.com
- 4 sources
- ir.lincolnelectric.comLincoln Electric Holdings, Inc. - Lincoln Electric Signs Definitive Agreement to Acquire Fori Automation, Inc.Oct 14, 2022
- ir.lincolnelectric.comLincoln Electric Holdings, Inc. - Lincoln Electric Signs Definitive Agreement to Acquire Fori Automation, Inc.Oct 14, 2022
- nasdaq.comLincoln Electric Signs Definitive Agreement to Acquire Fori Automation, Inc. | NasdaqOct 14, 2022
- crainscleveland.comLincoln Electric to acquire Fori Automation for $427 million - Crain's Cleveland BusinessRachel Abbey McCaffertyOct 14, 2022
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