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

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