Cleveland, OH - Arc welding solutions provider Lincoln Electric Holdings has acquired EASOM Automation Systems (Madison Heights, MI), a full-service turnkey provider of automation systems. Angle Advisors acted as the exclusive investment banking advisor to EASOM in completing this transaction.
EASOM designs and builds handling systems for large components used in vehicular and aerospace assembly plants, including multi-zone weld systems and cells, robotic transfer units, conveyors, drives, and positioning systems. Comprised of approximately 130 employees, the company operates three plants in Michigan, including an engineering, sales, and technical center (also in Madison Heights). The company's systems are used to automate welding, machining, drilling, and assembly of extremely heavy, difficult-to-manipulate components where precision and speed are critical. The company specializes in custom and precision-designed laser welding cells, among other large-component applications.