Lincoln Electric acquires Inovatech
Published by Lydia Woellwarth,
Editor
World Pipelines,
Lincoln Electric Holdings, Inc. has announced it recently acquired Inovatech Engineering Corporation and related assets. Inovatech is a privately held Ontario, Canada-based manufacturer of advanced robotic plasma cutting solutions for structural steel applications.
“We are pleased to welcome Inovatech into the industry’s leading automation portfolio,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “The addition scales our automated cutting solutions and application expertise for structural steel applications and supports long-term growth in that market.”
Terms of the transaction were not disclosed.
Read the article online at: https://www.worldpipelines.com/business-news/05122018/lincoln-electric-acquires-inovatech/
You might also like
The World Pipelines Podcast
A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.
