PARIS, FRANCE: Air Liquide SA has signed an agreement with Lincoln Electric France SAS to sell Air Liquide Welding, its subsidiary specialised in the manufacture of welding and cutting technologies.
Both parties expect the transaction to be completed in the second half of 2017.
This agreement follows the exclusive negotiations agreement announced on 2 March with Lincoln Electric, the world leader in design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment.
Lincoln Electric France SAS is a subsidiary of Lincoln Electric Holdings Inc (LECO).
© Worldofchemicals News
Read More: Air Liquide to sell welding subsidiary to Lincoln Electric
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