LINCOLN ELECTRIC HOLDINGS INC acquired Bester S.A., a transaction completed in January 2002, structured as Acquisition of majority (approximately 85%) ownership interest.
Bester S.A. operates in Equipment, is based in Poland (Europe). Bester S.A. is a manufacturer of welding equipment based in Poland. Lincoln Electric acquired a majority (approximately 85%) ownership interest in the company in January 2002, expanding its manufacturing footprint and market presence in Central and Eastern Europe.
Expand Lincoln Electric's welding-equipment manufacturing footprint and commercial presence in Central and Eastern Europe.
Advisory firms were not disclosed for this transaction.