M&A Deal Summary

Lincoln Electric Acquires Indalco Alloys

On March 5, 1998, Lincoln Electric acquired machinery company Indalco Alloys

Acquisition Highlights
  • This is Lincoln Electric’s 1st transaction in the Machinery sector.
  • This is Lincoln Electric’s 1st transaction in Canada.
  • This is Lincoln Electric’s 1st transaction in Ontario.

M&A Deal Summary

Date 1998-03-05
Target Indalco Alloys
Sector Machinery
Buyer(s) Lincoln Electric
Deal Type Add-on Acquisition

Target

Indalco Alloys

Mississauga, Ontario, Canada
Indalco Alloys, Inc., is a provider in the manufacture of aluminum welding wire and associated products.

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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 1 of 47
Sector (Machinery) 1 of 25
Type (Add-on Acquisition) 1 of 39
State (Ontario) 1 of 3
Country (Canada) 1 of 3
Year (1998) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-03-24 Uhrhan & Schwill Schweisstechnik

Essen, Germany

Uhrhan & Schwill Schweisstechnik GmbH, a manufacturer of high-performance welding systems. Uhrhan & Schwill is a provider in the design and installation of multiple arc welding systems for pipe mills, which produce high quality welded pipe for transporting natural resources such as water, oil and gas.

Buy -