LECO Mergers

Lincoln Electric Acquires Remaining Interest in Alloy Steel

Published August 04, 2025 at 11:30 AM

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (the “Company”) announced today that it has acquired the remaining 65% interest in Alloy Steel Australia (Int) Pty Ltd. and its related businesses (“Alloy Steel”). The Company acquired an approximate 35% ownership interest in Alloy Steel on April 1, 2025, and following the completion of this transaction, the Company fully owns Alloy Steel. Alloy Steel is a privately held manufacturer of maintenance and repair solutions h

Related Questions

How will the transaction impact Lincoln Electric’s balance sheet, particularly regarding cash outlay, debt levels, and liquidity ratios? What are the integration risks associated with fully absorbing Alloy Steel’s operations, and how is the company planning to mitigate them? How will the acquisition of the remaining 65% of Alloy Steel affect Lincoln Electric’s earnings and revenue forecasts? Does the acquisition introduce any regulatory or compliance considerations that could affect Lincoln Electric’s operations in Australia or other markets? What is the strategic rationale behind taking 100% control of Alloy Steel, and how does it fit into Lincoln Electric’s long‑term growth plan? How did the market initially react to the announcement, and what is the expected price movement once the deal is reflected in the financial statements? How might this acquisition influence the company’s competitive positioning against peers in the industrial manufacturing and maintenance solutions space? What valuation multiples were applied to acquire the remaining stake, and how does that compare to recent M&A activity in the sector? Will the acquisition affect Lincoln Electric’s capital allocation strategy, such as future dividend policy or share buy‑back programs? Will the full ownership of Alloy Steel provide operational synergies or cost savings for Lincoln Electric?