Not disclosed | RedViking (logo) has been acquired by Lincoln Electric (logo) | April 2024

William Blair acted as the exclusive financial advisor to RedViking (the company) in connection with its sale to Lincoln Electric (NASDAQ: LECO). The transaction closed on April 1, 2024.

About the Companies

RedViking designs, engineers, integrates, and services autonomous mobile robots (AMRs) & autonomous guided vehicles (AGVs), automated systems, dynamic test systems, and Manufacturing Execution Systems (MES) software for customers across high-value, critical applications. The company’s 100 plus engineers solve complex, customer-specific challenges for an expanding base of blue-chip customers in the aerospace & defense, commercial vehicle, transportation, clean energy, and other industrial end markets.

Lincoln Electric is a leading manufacturer of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma, and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. The firm serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among other end markets. Lincoln Electric is based in Cleveland, Ohio and has operations in 21 countries.

Learn more about our industrial growth products investment banking expertise.