About Lincoln Electric
Lincoln Electric is a company based in Cleveland (United States) founded in 1895.. The company has 12,000 employees as of December 31, 2024. Lincoln Electric has completed 25 acquisitions, including Air Liquide Welding, Askaynak and Baker Industries.
- Headquarter Cleveland, United States
- Employees 12000 as on 31 Dec, 2024
- Stage Public
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Phone
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Website
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Social
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- Legal Name Lincoln Electric Holdings, Inc.
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Annual Revenue
$4.01 B-4.23as on Dec 31, 2024
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Net Profit
$466.11 M-14.51as on Dec 31, 2024
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EBITDA
$805.25 M3.01as on Dec 31, 2024
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Latest Funding Round
$75.74 K (USD), Grant
Jul 01, 2016
- Investors
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Employee Count
12000
as on Dec 31, 2024
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Investments & Acquisitions
Air Liquide Welding
& 24 more
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IPO & Listings of Lincoln Electric
Lincoln Electric is a publicly listed company on the NASDAQ with ticker symbol LECO in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
112 people
Sales and Marketing
62 people
Leadership Team
37 people
Product Management Team
29 people
Human Resources and Administration
25 people
Finance and Accounting
20 people
Senior Team
17 people
Legal and Compliance
13 people
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Funding Insights of Lincoln Electric
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $75,745
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First Round
First Round
(01 Jul 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2016 | Amount | Grant - Lincoln Electric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lincoln Electric
Lincoln Electric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lincoln Electric
Lincoln Electric has strategically engaged in corporate development activities, having acquired 25 companies. Notable acquisitions include Air Liquide Welding, Askaynak and Baker Industries. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Structural fabrication system developed using 6-axis robot arm.
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2014 | ||||
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Innovative robot programming solutions for welding automation are developed.
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2009 | ||||
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Manufacturer of automation machines, laser & plasma cutting, and other heavy equipment
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lincoln Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lincoln Electric Comparisons
Competitors of Lincoln Electric
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lincoln Electric
Frequently Asked Questions about Lincoln Electric
When was Lincoln Electric founded?
Lincoln Electric was founded in 1895 and raised its 1st funding round 121 years after it was founded.
Where is Lincoln Electric located?
Lincoln Electric is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Lincoln Electric?
Christopher Mapes is the current CEO of Lincoln Electric.
How many employees does Lincoln Electric have?
As of Dec 31, 2024, the latest employee count at Lincoln Electric is 12,000.
What is the annual revenue of Lincoln Electric?
Annual revenue of Lincoln Electric is $4.01B as on Dec 31, 2024.
What does Lincoln Electric do?
Founded in 1895 and headquartered in Cleveland, United States, Lincoln Electric operates in the welding and automation sector. Arc welding products, peripherals, and robots for weld automation are developed and supplied. Robots are categorized into fixed table, turntable, and positioning types to support various manufacturing needs. Training programs on welding techniques are also offered through an affiliated school.
Is Lincoln Electric publicly traded?
Yes, Lincoln Electric is publicly traded on NASDAQ under the ticker symbol LECO.
How many acquisitions has Lincoln Electric made?
Lincoln Electric has made 25 acquisitions, including Air Liquide Welding, Askaynak, and Baker Industries.
Who are Lincoln Electric's investors?
Lincoln Electric has 1 investor. Key investors include European Union.
What is Lincoln Electric's ticker symbol?
The ticker symbol of Lincoln Electric is LECO on NASDAQ.