- Terms not disclosed
- Expanding portfolio
- Extending geographic reach
PythonX is Burlington Automation’s robotic CNC plasma cutting system for structural steel fabrication. It combines CNC robotics with high-definition plasma cutting, guided with software models.
Cleveland-based Lincoln Electric Holdings Inc. is in acquisition mode again, acquiring an ownership interest in Burlington Automation Corporation, Hamilton, Ont., and has an agreement to purchase Robolution GmbH, Frankfurt, Germany. That transaction is expected to close by the end of this month.
The terms of the two purchases remained largely secret, including the value of the acquisitions, the shareholding percentage for the investment in Burlington, and the future of the two company’s branded products.
Over the past several years Lincoln has been building its portfolio with purchases of a variety of independent companies, including automation systems integrator Tennessee Rand Inc., metal processing machine builder Wayne Trail Inc., CNC cutting tables supplier Applied Robotics Inc., and Russian welding consumables supplier/distributor Mezhgosmetiz-Mtsensk OAO.
Burlington Automation designs and manufactures automatic CNC metal fabrication machinery, tube finishing equipment, and material handling equipment, for customers in structural steel, construction, oil-and-gas, and general fabrication markets in North America. Its major products are sold under the PythonX® brand – a series of plasma cutting systems for structural steel fabricating.
"Burlington Automation broadens our portfolio of automated cutting and welding process solutions and strengthens our automation strategy," stated Lincoln Electric CEO Christopher L. Mapes. "Their proprietary technology complements our current automated cutting and welding systems by enabling customers to increase productivity and improve quality while reducing capital investment and floor space."
Rob Tyler, president of Burlington Automation, said "Lincoln's market strength and worldwide reach will enable Burlington Automation to continue to design leading manufacturing systems while better serving new and existing customers across our growing business."
Robolution GmbH supplies robotic arc welding systems to automotive OEMs and Tier 1 suppliers in Europe.
"Robolution expands the geographic reach of our growing automation business," according to Mapes. "With our recent acquisitions of Wayne Trail and Tennessee Rand, and our new greenfield facility in Brazil, Robolution will enable us to seamlessly support customers across three continents."
Wolfgang Koenig, managing director of Robolution, said, "Lincoln's financial strength and worldwide reach will enable us to better serve new and existing customers across our growing business."