About This Deal

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.

Deal Terms

Acquirer
LINCOLN ELECTRIC HOLDINGS INC
Target
Bester S.A.
Value
Not disclosed
Date
January 2002
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Poland (Europe)
Segment
Equipment
Structure
Acquisition of majority (approximately 85%) ownership interest
Announced
January 2002
Closed
January 2002

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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