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
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP’s global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Listen for free today at www.worldpipelines.com/podcasts or subscribe and review on your favourite podcast app.
Orbital Eye appoints Ivo Verlinden as Chief Financial Officer
Orbital Eye, a company specialising in AI-powered satellite monitoring for critical infrastructure, has announced the appointment of Mr. Ivo Verlinden as Chief Financial Officer (CFO).
