M&A Deal Summary

Lincoln Electric Acquires Kaliburn

On November 30, 2012, Lincoln Electric acquired electrical equipment company Kaliburn from ITT

Acquisition Highlights
  • This is Lincoln Electric’s 3rd transaction in the Electrical Equipment sector.
  • This is Lincoln Electric’s 10th transaction in the United States.
  • This is Lincoln Electric’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2012-11-30
Target Kaliburn
Sector Electrical Equipment
Buyer(s) Lincoln Electric
Sellers(s) ITT
Deal Type Divestiture

Target

Kaliburn

Ladson, South Carolina, United States
Kaliburn is a designer and manufacturer of shape cutting solutions.

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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 24 of 47
Sector (Electrical Equipment) 3 of 4
Type (Divestiture) 3 of 7
State (South Carolina) 1 of 1
Country (United States) 10 of 25
Year (2012) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-30 Cleveland Motion Control

Washington, United Kingdom

Cleveland Motion Control (CMC) manufactures web tension transducers and engineered machine systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-02 Tennessee Rand

Chattanooga, Tennessee, United States

Tennessee Rand is a designer and manufacturer of tooling and robotic systems for welding applications. The company serves a wide base of automotive and metal fabrication customers.

Buy -

Seller(S) 1

SELLER

ITT

Stamford, Connecticut, United States
Category Company
Founded 1920
Sector Machinery
Employees10,600
Revenue 3.3B USD (2023)
DESCRIPTION

ITT is a manufacturer of engineered critical components and customized technology solutions for growing industrial end-markets in energy infrastructure, electronics, aerospace, and transportation. ITT was founded in 1920 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 8 of 8
Sector (Electrical Equipment) 4 of 4
Type (Divestiture) 4 of 4
State (South Carolina) 1 of 1
Country (United States) 4 of 4
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-30 Cleveland Motion Control

Washington, United Kingdom

Cleveland Motion Control (CMC) manufactures web tension transducers and engineered machine systems.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Hartzell Aerospace

Valencia, California, United States

Hartzell Aerospace is a manufacturer of highly-engineered components and solutions for aerospace environmental control systems on a wide range of high-growth, next-generation aircraft platforms.

Buy -
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