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  5. Victor Technologies International Acquires Robotronic Oy

M&A Deal Summary

Victor Technologies International Acquires Robotronic Oy

On July 13, 2012, Victor Technologies International acquired machinery company Robotronic Oy

Acquisition Highlights
  • This is Victor Technologies International’s 1st transaction in the Machinery sector.
  • This is Victor Technologies International’s 1st transaction in Finland.

M&A Deal Summary
Date 2012-07-13
Target Robotronic Oy
Sector Machinery
Buyer(s) Victor Technologies International
Deal Type Add-on Acquisition

Target

Robotronic Oy

Tampere, Finland
ProMotion Controls, Inc. is a maker of advanced, intelligent CNC controllers used in shape-cutting machines (together with Robotronic Oy, 'ProMotion Controls'). ProMotion Controls specializes in PC-based shape-cutting controls, nesting software, torch height controls and associated products for new and retrofit cutting systems that use plasma, oxy-fuel, laser, water-jet or router technology. ProMotion Controls, with operations in Medina, Ohio, is the U.S. subsidiary of Robotronic, with operations in Tampere, Finland.

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Buyer(S) 1

Buyer

Victor Technologies International

St. Louis, Missouri, United States
Category Company
Founded 1980
Sector Machinery
DESCRIPTION

Victor Technologies is designer and manufacturer of branded cutting and welding products and accessories. The company competes globally in six product categories - gas equipment, arc accessories, plasma cutting systems, welding equipment, filler metals, and hardfacing alloys - under a number of premium brand names, including Victor, Tweco, Arcair, Thermal Dynamics, Thermal Arc, Stoody, and Cigweld.

DEAL STATS #
Overall 1 of 2
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Finland M&A 1 of 1
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-31 Gas-Arc Group

Norfolk, United Kingdom

Gas-Arc Group Ltd. is a manufacturer of speciality gas and industrial gas control products in the U.K, with a comprehensive range of gas control products to satisfy the needs of most industrial gas, speciality gas, laboratory gas, medical gas and welding applications.

Buy $40M
Mergr

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