M&A Deal Summary

Lincoln Electric Acquires EASOM Automation Systems

On October 8, 2014, Lincoln Electric acquired machinery company EASOM Automation Systems

Acquisition Highlights
  • This is Lincoln Electric’s 16th transaction in the Machinery sector.
  • This is Lincoln Electric’s 12th transaction in the United States.
  • This is Lincoln Electric’s 1st transaction in Michigan.

M&A Deal Summary

Date 2014-10-08
Target EASOM Automation Systems
Sector Machinery
Buyer(s) Lincoln Electric
Deal Type Add-on Acquisition

Target

EASOM Automation Systems

Madison Heights, Michigan, United States
EASOM is a provider of automation systems. EASOM is a designer and builder of handling systems for large components used in vehicular and aerospace assembly plants, including multi-zone weld systems and cells, robotic transfer units, conveyors, drives and positioning systems.

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Buyer(S) 1

Buyer

Lincoln Electric

Cleveland, Ohio, United States

Category Company
Founded 1895
Sector Machinery
Employees12,000
Revenue 4.2B USD (2023)
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 28 of 47
Sector (Machinery) 16 of 25
Type (Add-on Acquisition) 24 of 39
State (Michigan) 1 of 4
Country (United States) 12 of 25
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-18 Robolution

Weiterstadt, Germany

Robolution GmbH is a provider of robotic arc welding systems. Robolution serves a number of automotive OEMs and Tier 1 suppliers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 RealWeld Systems

Columbus, Ohio, United States

RealWeld Systems, Inc. manufactures welding training systems.

Buy -