LINCOLN ELECTRIC HOLDINGS INC acquired Burlington Automation Corporation (PythonX) - ownership interest for Not disclosed, a transaction completed in November 2013.
Burlington Automation Corporation (PythonX) - ownership interest operates in Automation, is based in Hamilton, Ontario, Canada (North America). Burlington Automation Corporation, based in Hamilton, Ontario, Canada, is a leader in the design and manufacture of 3D robotic plasma cutting systems sold under the PythonX brand, serving structural steel, construction, oil and gas and general fabrication customers in North America. Lincoln acquired an ownership interest in the company.
Burlington Automation broadens Lincoln's portfolio of automated cutting and welding process solutions and strengthens its automation strategy; its proprietary technology lets customers increase productivity and quality while reducing capital investment and floor space.
Proprietary PythonX 3D robotic plasma cutting technology for structural steel and fabrication. Lincoln Electric automation portfolio
Burlington Automation broadens our portfolio of automated cutting and welding process solutions and strengthens our automation strategy. Their proprietary technology complements our current automated cutting and welding systems by enabling customers to increase productivity and improve quality while reducing capital investment and floor space.Christopher L. Mapes, CEO, Lincoln Electric
We are pleased to partner with Lincoln Electric. Lincoln's market strength and worldwide reach will enable Burlington Automation to continue to design leading manufacturing systems while better serving new and existing customers across our growing business.Rob Tyler, President, Burlington Automation
Advisory firms were not disclosed for this transaction.