LINCOLN ELECTRIC TO ACQUIRE ROBOLUTION GMBH

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18 November 2013

LINCOLN ELECTRIC TO ACQUIRE ROBOLUTION GMBH

Expands Geographic Reach in Robotic Welding Systems

CLEVELAND, OH, Monday, November 18, 2013 -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has entered into a definitive agreement to acquire Robolution GmbH, a leading European provider of robotic arc welding systems. Based outside of Frankfurt, Germany, the company serves a number of leading automotive OEMs and Tier 1 suppliers. 
 
"Robolution expands the geographic reach of our growing automation business," said Christopher L. Mapes, Chief Executive Officer. "With our recent acquisitions of Wayne Trail and Tennessee Rand, and our new greenfield facility in Brazil, Robolution will enable us to seamlessly support customers across three continents.&r