The 2020 Mid-Year Economic Update_long

Lincoln Electric Seeks to Acquire Air Liquide’s Welding Subsidiary

Companies sign memorandum of understanding and begin negotiations.

Lincoln Electric Holdings Inc. (NASDAQ: LECO), Cleveland, OH, and Paris-based Air Liquide have signed a memorandum of understanding and entered into exclusive negotiations for Lincoln Electric to acquire Air Liquide subsidiary Air Liquide Welding.

Air Liquide said it is focused on its gas and services activities following the acquisition of Airgas, and has been divesting non-core businesses.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.