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Lincoln Electric acquires Inrotech A/S

Published by , Senior Editor
World Pipelines,


Lincoln Electric has acquired Inrotech A/S. Headquartered in Odense, Denmark, Inrotech is a privately held automation system integration and technology firm. It specialises in automated welding systems that are differentiated by proprietary adaptive intelligence software, and computer vision which guides and optimises the welding process without the need for programming or the use of CAD files.

 

Lincoln Electric acquires Inrotech A/S

The state-of-the-art vision-based technology has proven to be valuable in the shipbuilding, energy, and heavy industry sectors, where welding accessibility can be challenging for traditional automated systems, but precision and quality are mission critical.

“We are pleased to welcome the Inrotech team to Lincoln Electric and are excited to expand the reach of their automated welding systems and incorporate their proprietary vision-based adaptive intelligence technology across a broader range of Lincoln systems, enabling the next generation of welding solutions,” stated Mike Whitehead, Lincoln Electric’s Senior Vice President, President of Global Automation, Cutting and Additive Solutions.

“We are excited to join Lincoln Electric and realise the enormous untapped value our technology can offer customers worldwide when combined with Lincoln’s extensive welding and automation expertise,” commented Henrik Lenskjold, CEO of Inrotech.

Terms of the transaction were not disclosed.

 

 

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Read the article online at: https://www.worldpipelines.com/business-news/04062024/lincoln-electric-acquires-inrotech-as/

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Acquisitions and mergers