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Lincoln Electric Acquires Remaining Interest in Alloy Steel

1. LECO has acquired the remaining 65% of Alloy Steel Australia. 2. This acquisition enhances LECO's portfolio in maintenance and repair solutions.

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FAQ

Why Bullish?

Acquiring full ownership of Alloy Steel can expand LECO's market reach and product offerings. Historical acquisitions typically lead to increased revenue streams if integration is successful.

How important is it?

The acquisition enhances LECO's competitive position and growth potential in the industry, driving investor interest.

Why Long Term?

The benefits from this acquisition will manifest over the long term as synergies are realized and market positions strengthen.

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ALLEMMMADSK
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.

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