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
Deal Terms
Transaction Details
In Their Words
We are pleased to welcome Inovatech into the industry's leading automation portfolio. The addition scales our automated cutting solutions and application expertise for structural steel applications and supports long-term growth in that market.Christopher L. Mapes, Chairman, President and CEO, Lincoln Electric
Advisors
Advisory firms were not disclosed for this transaction.
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