# Lincoln Electric acquires Powermig Automação e Soldagem

Lincoln Electric acquired Powermig Automação e Soldagem, a Brazilian automation engineering firm specializing in industrial welding automation solutions for heavy industry and transportation. The acquisition expands Lincoln's automation capabilities in Brazil.

- Type: Acquisition
- Announced: 2023-05-03
- Where: Caxias do Sul, Rio Grande do Sul, Brazil
- Status: completed
- Products: industrial welding automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Lincoln Electric Holdings](https://endata.com/companies/17084.md) (acquirer)
- [Powermig Automação e Soldagem](https://endata.com/companies/70095.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/03/2660891/28734/en/lincoln-electric-acquires-powermig-automac%c3%a3o-e-soldagem-ltda.html), 2023-05-03: "The addition expands our automation capabilities and allows us to accelerate automation growth in the region as part of our Higher Standard 2025 strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.