M&A Deal Summary |
|
|---|---|
| Date | 2003-10-31 |
| Target | Clore - Century Welding Cutting and Battery Charger Business |
| Sector | Machinery |
| Buyer(s) | Lincoln Electric |
| Sellers(s) | Clore Automotive |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1895 |
| Sector | Machinery |
| Employees | 12,000 |
| Revenue | 4.2B USD (2023) |
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 | 7 of 47 |
| Sector (Machinery) | 5 of 25 |
| Type (Divestiture) | 1 of 7 |
| Country (United States) | 1 of 25 |
| Year (2003) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-08 |
Messer Soldaduras de Venezuela S. A.
Caracas, Venezuela Messer Soldaduras de Venezuela S. A., a manufacturer of welding consumables. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-04 |
J.W. Harris
Mason, Ohio, United States J.W. Harris Co., Inc. is a brazing and soldering alloys manufacturer. |
Buy | - |
Clore Automotive LLC, is a provider in the design, development and manufacture of automotive service equipment for professionals and consumers. Our brands include some of the most widely recognized names in the automotive equipment aftermarket, including Booster PAC, Jump-N-Carry, SOLAR, Christie, VIPER and T-TECH.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2003) | 1 of 1 |
