M&A
confidence high
sentiment neutral
materiality 0.65
Lincoln Electric acquires RedViking, a $70M-revenue automation integrator.
LINCOLN ELECTRIC HOLDINGS INC
- Acquired RedViking, a privately held automation system integrator based in Plymouth, Michigan.
- RedViking specializes in AGVs, mobile robots, custom assembly, dynamic test systems, and MES software.
- Serves aerospace/defense, transportation, and general industry sectors.
- Annual revenue approximately $70M; results to be reported in Americas Welding Segment.
- Terms of the transaction were not disclosed.