LINCOLN ELECTRIC HOLDINGS INC acquires Inovatech Engineering Corporation
Snapshot
LINCOLN ELECTRIC HOLDINGS INC acquired Inovatech Engineering Corporation for Not disclosed in December 2018. Inovatech Engineering Corporation is a Ontario, Canada-based Automation business.
- Acquirer
- LINCOLN ELECTRIC HOLDINGS INC
- Target
- Inovatech Engineering Corporation
- Value
- Not disclosed
- Date
- December 2018
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
LINCOLN ELECTRIC HOLDINGS INC acquired Inovatech Engineering Corporation for Not disclosed, a transaction completed in December 2018.
Inovatech Engineering Corporation operates in Automation, is based in Ontario, Canada. Inovatech Engineering Corporation is a privately held Ontario, Canada-based manufacturer of advanced robotic plasma cutting solutions for structural steel applications.
The addition scales Lincoln's automated cutting solutions and application expertise for structural steel applications and supports long-term growth in that market.
Robotic plasma cutting for structural steel that complements Lincoln's automated cutting portfolio. Lincoln Electric automation portfolio
No advisory firms have been disclosed for this transaction.