Lincoln Electric Acquires Remaining Interest in Alloy Steel
April 1, 2025
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.
- Targets
- Alloy Steel Australia (Int) Pty Ltd
- Industry
- Manufacturing
- Location
- Western Australia, Australia
- Transaction Type
- Buyout
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