Lincoln Electric Holdings

Lincoln Electric acquired Coldwater Machine Company and Pro Systems LLC, two automation integrators, to expand its automated cutting and joining solutions portfolio. Combined annual revenue is approximately $55 million.

Lincoln Electric acquired Inovatech Engineering Corporation, a Canadian manufacturer of advanced robotic plasma cutting solutions for structural steel applications. The transaction details were not disclosed.

Lincoln Electric plans to expand its automation manufacturing capabilities by enlarging its facility at Wayne Trail, Ohio, nearly doubling its size to support larger-scale projects and future growth.

Air Liquide announced it has completed the sale of its subsidiary Air Liquide Welding to Lincoln Electric France SAS, a subsidiary of Lincoln Electric Holdings. The sale follows an agreement signed on April 27, 2017.

Lincoln Electric Holdings has entered into a definitive agreement to acquire Air Liquide Welding from Air Liquide for €115 million (approximately $125 million), enhancing its specialty consumables portfolio and European reach.