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Lincoln Electric to Acquire Hyundai Welding
Lincoln Electric to Acquire Hyundai Welding
Wednesday, October 30, 2002
Hyundai Welding, the leading welding-consumables manufacturer in South Korea and a major supplier to other Asian markets, will soon be acquired by Lincoln Electric Holdings, Inc., Cleveland, OH. The deal should close during the 2002 fourth quarter. The acquisition furthers Lincoln's global growth plan, fitting with its recent acquisitions in Latin America and Eastern Europe.