M&A Deal Summary

Lincoln Electric Acquires Vizient

On May 16, 2016, Lincoln Electric acquired machinery company Vizient

Acquisition Highlights
  • This is Lincoln Electric’s 19th transaction in the Machinery sector.
  • This is Lincoln Electric’s 16th transaction in the United States.
  • This is Lincoln Electric’s 2nd transaction in Iowa.

M&A Deal Summary

Date 2016-05-16
Target Vizient
Sector Machinery
Buyer(s) Lincoln Electric
Deal Type Add-on Acquisition

Target

Vizient

Bettendorf, Iowa, United States
website
Vizient LLC is a robotic integrator specialized in custom engineered tooling and automated arc welding systems for general and heavy fabrication applications.

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Buyer(S) 1

Buyer

Lincoln Electric

Cleveland, Ohio, United States

website


Category Company
Founded 1895
Sector Machinery
Employees11,000
Revenue 3.2B USD (2021)
DESCRIPTION
Entrance to Lincoln Electric's corporate headquarters in Cleveland, Ohio.
Entrance to Lincoln Electric's corporate headquarters in Cleveland, Ohio.

Lincoln Electric is a designer and manufacturer of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a global position in the brazing and soldering alloys market. Lincoln Electric was founded in 1895 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 33 of 46
Sector (Machinery) 19 of 25
Type (Add-on Acquisition) 29 of 38
State (Iowa) 2 of 2
Country (United States) 16 of 24
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Vizient

Bettendorf, Iowa, United States

Vizient LLC (Vizient Manufacturing Solutions) is a provider of robotic integration and tooling solutions with industry leading customer service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-31 Air Liquide Welding SA

Paris, France

Air Liquide Welding SA is a provider of welding and metal cutting machines. Air Liquide Welding is based in Paris, France.

Buy €115M