# Lincoln Electric acquires Fori Automation: acquisition

Canonical ID: `e070b25b-0866-4544-8275-538cd983f50a`

Lincoln Electric completed its acquisition of Fori Automation (founded 1984) on December 1, 2022; Fori designs multi-armed automated welding/assembly systems, material-handling, and automated guided vehicles (AGVs).

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** undisclosed
- **Verification posture:** verified

## Parties

- **Acquirer:** [Lincoln Electric](https://registry.deploy.report/companies/lincoln-electric.md)
- **Acquired:** [Fori Automation](https://registry.deploy.report/companies/fori-automation.md)

## Timeline

- **Announced:** 2022-10-01
- **Closed:** 2022-12-01

## Sources (1)

1. https://www.sec.gov/Archives/edgar/data/0000059527/000119312522296564/d291920dex991.htm


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