LINCOLN ELECTRIC HOLDINGS INC acquired Specialised Welding Products (SWP), a transaction completed in August 2015, structured as Acquisition.
Specialised Welding Products (SWP) operates in Consumables, is based in Australia / New Zealand. Specialised Welding Products is a privately held provider of specialty welding consumables serving Australia and New Zealand. Its team of technical representatives and metallurgists supports fabrication, maintenance and repair applications, particularly for alloy and wear-resistant products used in the mining and energy sectors. Lincoln Electric acquired the business to broaden its regional presence and expand its specialty alloy consumables offering in Asia-Pacific.
Broaden Lincoln Electric's presence and specialty alloy consumables offering in the Australia and New Zealand region, adding technical fabrication, maintenance and repair capabilities for the mining and energy end markets.
Advisory firms were not disclosed for this transaction.