Lincoln Electric Holdings Inc. in Cleveland, one of the world’s leading providers of advanced welding systems, has acquired RedViking in Plymouth Township, an integrator and test system supplier. Terms of the transaction were not disclosed.
RedViking specializes in designing high-power, high-speed, multi-model helicopter transmission test systems for both commercial and military aircraft, autonomous vehicles, and mobile robots, as well as custom assembly systems. The company’s flexible machine designs and Vsync control software aim to help customers to optimize testing capability while maximizing capital and facility investment.
The company serves customers in the aerospace and defense, transportation, and general industry sectors.
“We are excited to welcome the RedViking team to Lincoln Electric,” says Steven B. Hedlund, president and CEO of Lincoln Electric. “The acquisition expands our portfolio of automation solutions and extends our ability to serve customers in the growing aerospace and defense industries.”
RedViking’s annual revenue is approximately $70 million, and its results will be reported in Lincoln Electric’s Americas Welding Segment.
Lincoln Electric engineers, designs, and manufactures advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a global position in brazing and soldering alloys.
