LINCOLN ELECTRIC HOLDINGS INC acquired Kestra Universal Soldas, Industria e Comercio, Importacao e Exportacao Ltda. for Not disclosed, a transaction completed in March 2022.
Kestra Universal Soldas, Industria e Comercio, Importacao e Exportacao Ltda. operates in International Welding (South America), is based in Atibaia, Sao Paulo State, Brazil, had revenue of about approximately USD$15 million annual revenue. Kestra is a privately held manufacturer headquartered in Atibaia, Sao Paulo State, Brazil, with annual revenue of approximately USD$15 million, that manufactures specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products used in mining, steel, agricultural and industrial mill applications.
Kestra advances Lincoln Electric's 2025 Higher Standard strategy in South America by broadening its specialty alloys portfolio and services.
Broadens specialty alloy/wear-resistant consumables portfolio and MRO services in mining, steel and agricultural markets. Lincoln Electric specialty alloys portfolio
Advisory firms were not disclosed for this transaction.