Focus Engaged By The Lincoln Electric Company (NASDAQ: LECO)

Focus Acquisition Partners http://focusacquisition.com/news-insights/focus-engaged-by-the-lincoln-electric-company-nasdaq-leco

 



Lincoln Electric
(NASDAQ: LECO) has engaged Focus Acquisition Partners to identify and advise on acquisitions of precision machining businesses. Founded in 1895, Lincoln Electric is a world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Lincoln Electric has almost $3.0 billion of TTM revenue and is headquartered in Cleveland, OH. The company employs over 11,000 workers in over 60 locations worldwide.   

Target Company Characteristics:
•     Based in North America
•     Revenues of $10 - $50 million; profitable
•     Experienced manufacturers of medium-to-large production and prototype parts 
•     Post acquisition the target would maintain its management and business practices
•     Room for expansion (internally or with potential greenfield project)
•     Preferred manufacturing capabilities:
•     Automated CNC machining (working envelopes 3’x 3’ x 3' or greater)
•     Experienced CAD/CAM, offline CNC and robot programming a plus
•     Some metal fabrication and/or additive experience a plus
•     Strong program management
•     QC/QA equipment and processes
•     ISO certifications; Nadcap and AS9100 a plus
•     End markets served: Heavy Fabrication, Oil & Gas, Power Generation, Aerospace, Defense
 
If your firm is representing or aware of a business that may fit these criteria and could be interested in exploring a transaction with Lincoln Electric, we would be happy to schedule a call to discuss it. We would be pleased to share a referral fee for introductions that lead to successful transactions.