Lindab Acquires Vicon, US Manufacturer of Ventilation Duct Machinery
January 2, 2024
Sweden-based Lindab has signed an agreement to acquire Vicon, a US manufacturer of machines for rectangular ventilation ducts, boosting Lindab's US sales more than threefold and doubling its global duct-machinery sales. Vicon (headquartered in Bohemia, New York, with production in Pevely, Missouri and Meadville, Pennsylvania) has approximately SEK 260 million in annual sales and 64 employees; the acquisition is to be financed with Lindab's own funds and is expected to close in Q1 2024.
- Buyers
- Lindab
- Targets
- Vicon
- Sellers
- Tim Walsh, Matt Walsh
- Industry
- Manufacturing
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Lindab Acquires UK Ventilation Manufacturer HAS-Vent Ltd
October 5, 2023
Building Products
Swedish ventilation and building-products group Lindab has acquired HAS-Vent Ltd, a Birmingham-based manufacturer and distributor of circular, oval and rectangular ventilation ducts. HAS-Vent operates ten UK branches, has about 105 employees and SEK 280 million in annual turnover; the transaction was financed with Lindab's own funds and current owners Jonathan Black and Peter Slater will continue to run the business within Lindab.
-
Nederman Acquires RoboVent
July 28, 2022
Manufacturing
Nederman Holding AB has acquired RoboVent (RoboVent Acquisition, Inc.) — a U.S.-based designer and manufacturer of industrial fume extractors, dust collectors and aftermarket filters — from Rensa Filtration/The Edgewater Funds for approximately SEK 430 million (about $41.9m). The deal expands Nederman’s North American footprint and product capabilities in industrial air filtration and aftermarket services.
-
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.
-
Dussmann Group Acquires Lynskey Engineering
July 6, 2025
Engineering Services
German facility services group Dussmann Group has acquired Dublin-headquartered mechanical building services contractor Lynskey Engineering. The deal strengthens Dussmann Technical Solutions' mechanical engineering and maintenance capabilities in Ireland and complements its existing electrical services portfolio; Lynskey employs around 120 people and generates roughly €60m in annual revenue, and the purchase price was not disclosed.
-
Douglas Dynamics Acquires Venco Venturo Industries
November 5, 2025
Manufacturing
Douglas Dynamics, Inc. has purchased Venco Venturo Industries LLC, a long-established maker of truck-mounted cranes and dump hoists. The acquisition expands Douglas Dynamics' Work Truck Attachments segment and furthers its strategy to add complex attachment capabilities to its portfolio.
-
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.
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.