On the Record · Lincoln Electric
Lincoln Electric acquisitions, on the record
The businesses Lincoln Electric bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Powermig Automação e Soldagem Ltda.Word for word“On May 3, 2023, the Company acquired 100 % ownership of Powermig Automação e Soldagem Ltda. (“Powermig”), a privately held automation engineering firm headquartered in Caxias do Sul, Rio Grande do Sul, in Brazil.” 10-K for 2023 | acquisition | May 3, 2023 | — |
Fori Automation, LLCWord for word“On December 1, 2022, the Company acquired 100 % ownership of Fori Automation, LLC (“Fori”) for an agreed upon purchase price of $ 427,000 , which was adjusted for certain debt like obligations, for total purchase price consideration of $ 468,683 or $ 416,353 net of cash acquired, before final and customary adjustments.” 10-K for 2023 | acquisition | December 1, 2022 | $ 427,000 |
Kestra Universal Soldas, Industria e Comercio, Imporacao e Exportacao Ltda.Word for word“On March 1, 2022, the Company acquired 100 % ownership of Kestra Universal Soldas, Industria e Comercio, Imporacao e Exportacao Ltda. (“Kestra”), a privately held manufacturer headquartered in Atibaia, Sao Paulo State, Brazil.” 10-K for 2023 | acquisition | March 1, 2022 | — |
Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc.Word for word“On July 28, 2021, the Company acquired 100 % ownership of Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc. (“FTP”).” 10-K for 2023 | acquisition | July 28, 2021 | — |
Zeman Bauelemente Produktionsgesellschaft m.b.H.Word for word“On April 1, 2021, the Company acquired 100 % ownership of Zeman Bauelemente Produktionsgesellschaft m.b.H. (“Zeman"), a division of the Zeman Group.” 10-K for 2023 | acquisition | April 1, 2021 | — |
Vanair Manufacturing, LLC ("Vanair")Word for word“On July 30, 2024, the Company acquired 100 % ownership of Vanair Manufacturing, LLC (“Vanair”), a privately held, Michigan City, Indiana-based, manufacturer for a total purchase price of $ 109,993 , net of cash acquired and certain debt-like items.” 10-K for 2024 | acquisition | On July 30, 2024 | $ 109,993 , net of cash acquired and certain debt-like items |
Inrotech A/S ("Inrotech")Word for word“On June 3, 2024, the Company acquired 100 % ownership of Inrotech A/S (“Inrotech”), a privately held automation system integration and technology firm headquartered in Odense, Denmark.” 10-K for 2024 | acquisition | On June 3, 2024 | — |
Superior Controls, LLC ("RedViking")Word for word“On April 1, 2024, the Company acquired 100 % ownership of Superior Controls, LLC (“RedViking”), a privately held automation system integrator based in Plymouth, Michigan.” 10-K for 2024 | acquisition | On April 1, 2024 | — |
Powermig Automação e Soldagem Ltda. ("Powermig")Word for word“On May 3, 2023, the Company acquired 100 % ownership of Powermig Automação e Soldagem Ltda. (“Powermig”), a privately held automation engineering firm headquartered in Caxias do Sul, Rio Grande do Sul, in Brazil.” 10-K for 2024 | acquisition | On May 3, 2023 | — |
Fori Automation, LLC ("Fori")Word for word“On December 1, 2022, the Company acquired 100 % ownership of Fori Automation, LLC (“Fori”) for an agreed upon purchase price of $ 427,000 , which was adjusted for certain debt like obligations, for total purchase price consideration of $ 468,683 or $ 416,353 , net of cash acquired.” 10-K for 2024 | acquisition | On December 1, 2022 | $ 427,000 , which was adjusted for certain debt like obligations, for total purchase price consideration of $ 468,683 or $ 416,353 , net of cash acquired |
Kestra Universal Soldas, Industria e Comercio, Imporacao e Exportacao Ltda. ("Kestra")Word for word“On March 1, 2022, the Company acquired 100 % ownership of Kestra Universal Soldas, Industria e Comercio, Imporacao e Exportacao Ltda. (“Kestra”), a privately held manufacturer headquartered in Atibaia, Sao Paulo State, Brazil.” 10-K for 2024 | acquisition | On March 1, 2022 | — |
the Company's Russian entity in International WeldingWord for word“Net charges in 2024 of $55,860 primarily relate to rationalization plans initiated in the third quarter of 2024 in all three segments, as well as previously initiated plans and the disposition of the Company’s Russian entity in International Welding .” 10-K for 2024 | divestiture | — | — |
Alloy Steel Australia (Int) Pty Ltd.Word for word“On August 1, 2025, the Company acquired the remaining 65 % ownership interest in Alloy Steel.” 10-K for 2025 | acquisition | August 1, 2025 | — |
Vanair Manufacturing, LLCWord for word“On July 30, 2024, the Company acquired 100 % ownership of Vanair Manufacturing, LLC (“Vanair”), a privately held, Michigan City, Indiana-based, manufacturer for a total purchase price of $ 108,651 , net of cash acquired and certain debt-like items.” 10-K for 2025 | acquisition | July 30, 2024 | $ 108,651 |
Inrotech A/SWord for word“On June 3, 2024, the Company acquired 100 % ownership of Inrotech A/S (“Inrotech”), a privately held automation system integration and technology firm headquartered in Odense, Denmark.” 10-K for 2025 | acquisition | June 3, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $71.6 million |
| 2017-12-31 | $72.5 million |
| 2018-12-31 | $101.8 million |
| 2019-12-31 | $134.7 million |
| 2020-12-31 | $0 |
| 2021-12-31 | $156.1 million |
| 2022-12-31 | $436.3 million |
| 2023-12-31 | $32.7 million |
| 2024-12-31 | $252.7 million |
| 2025-12-31 | $137.5 million |
Deal filings since 2016
- 2024-06-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Lincoln Electric’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.