Lincoln Electric signs definitive agreement to acquire Air Liquide Welding

Cleveland-based Lincoln Electric Holdings Inc. has entered into a definitive agreement with Air Liquide to acquire its Air Liquide Welding subsidiary. Lincoln Electric reports that this acquisition will add to its global specialty consumables portfolio and extend its channel reach for equipment systems and Harris Product Group systems in Europe.

The acquisition is expected to close in the second half of 2017. Until then, both companies will operate independently.

Lincoln Electric manufactures arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment, and brazing and soldering alloys. Air Liquide Welding is a manufacturer of welding and cutting technologies.