Lincoln Electric announces two acquisitions

 

Lincoln Electric Holdings Inc has acquired an ownership interest in Burlington Automation Corporation.

Burlington Automation is a leader in the design and manufacture of 3D robotic plasma cutting systems. Based in Hamilton, Ontario, Canada, the company serves customers in the structural steel, construction, oil and gas, and general fabrication markets in North America. The company’s main products are sold under the brand PythonX.

“Burlington Automation broadens our portfolio of automated cutting and welding process solutions and strengthens our automation strategy,” said Christopher L Mapes, chief executive officer. “Their proprietary technology complements our current automated cutting and welding systems by enabling customers to increase productivity and improve quality while reducing capital investment and floor space.”

Lincoln also has entered into a definitive agreement to acquire Robolution GmbH, a European provider of robotic arc welding systems. Based outside of Frankfurt, Germany, the company serves a number of leading automotive OEMs and Tier 1 suppliers.

“Robolution expands the geographic reach of our growing automation business,” said Mapes. “With our recent acquisitions of Wayne Trail and Tennessee Rand, and our new greenfield facility in Brazil, Robolution will enable us to seamlessly support customers across three continents.” ♦

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