Lincoln Electric Acquires Fori Automation, LLC
December 1, 2022
Lincoln Electric Holdings, Inc. completed the acquisition of Fori Automation, LLC and closed a $400 million senior secured term loan to partially fund the purchase. The deal expands Lincoln Electric's automation and engineering capabilities and increases its annualized automation portfolio revenue to over $850 million, supporting its Higher Standard 2025 strategy.
- Buyers
- Lincoln Electric Holdings, Inc.
- Targets
- Fori Automation, LLC
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SCIO Automation Group Acquires Industrial Automation LLC
September 2, 2020
Industrial Services
SCIO Automation Group has acquired Industrial Automation LLC, giving the group its first direct presence in North America. The acquisition expands SCIO’s automation capabilities—ranging from small robot cells to complete production lines—and supports the group’s internationalisation strategy.
-
Lincoln Electric Acquires Vanair Manufacturing
July 31, 2024
Manufacturing
Lincoln Electric Holdings, Inc. has acquired Vanair Manufacturing, LLC, a Michigan City, Indiana-based maker of vehicle-mounted mobile power solutions including compressors, generators, welders, hydraulics and chargers. The deal (Vanair ~ $100M revenue) expands Lincoln Electric's product and channel capabilities into the service-truck market and will be reported in its Americas Welding segment.
-
Lincoln Electric Acquires RedViking
April 1, 2024
Industrial Services
Lincoln Electric Holdings, Inc. has acquired RedViking, a privately held automation system integrator headquartered in Plymouth, Michigan. The purchase expands Lincoln Electric's automation and testing capabilities—adding AGVs, mobile robots, custom assembly and dynamic test systems plus proprietary MES software—and extends its reach in aerospace & defense and transportation markets; RedViking generates roughly $70 million in annual revenue and its results will be reported in Lincoln's Americas Welding Segment.
-
Lincoln Electric Acquires Remaining Interest in Alloy Steel
April 1, 2025
Manufacturing
Lincoln Electric Holdings, Inc. acquired the remaining 65% interest in Alloy Steel Australia (Int) Pty Ltd, bringing Alloy Steel into full ownership. Alloy Steel, a Perth-based manufacturer of proprietary wear plate solutions, engineering services and digital monitoring for the mining sector (primarily Asia Pacific), generates approximately USD 50 million in annual revenue and will be reported in Lincoln Electric’s International Welding segment.
-
Lear Corporation Acquires InTouch Automation
November 18, 2022
Manufacturing
Lear Corporation has acquired InTouch Automation, a Novi, Michigan–based supplier of Industry 4.0 technologies and automated end-of-line testing equipment for automotive seats. The acquisition advances Lear's Industry 4.0 strategy by enhancing automated testing, real-time data collection, and standardization of testing procedures across its just-in-time seating production.
-
Applied Industrial Technologies Acquires Automation, Inc.
November 2, 2022
Industrial Services
Applied Industrial Technologies (NYSE: AIT) has acquired Automation, Inc., a Minneapolis-based provider of automation products, engineered solutions, and value-added assembly services. The acquisition expands Applied's automation capabilities and geographic footprint in the U.S. Upper Midwest, adding a team of more than 50 associates and established customer relationships across pharmaceutical, manufacturing, life sciences, and consumer products markets.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.