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8-KThe WireRoutine

Company Update

Filed Mar 1, 2022 · 4y ago · Accession 0001193125-22-061387

Plain English

Material event — a significant development the company must disclose promptly.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     Form 8-K     Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 1, 2022     LINCOLN ELECTRIC HOLDINGS, INC. (Exact name of registrant as specified in its charter)       Ohio   0-1402   34-1860551 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 22801 St Clair Avenue Cleveland , Ohio 44117 (Address of principal executive offices, with zip code) (216) 481-8100 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of exchange on which registered Common Shares, without par value   LECO   The NASDAQ Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).     ☐ Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐       Item 8.01. Other Events. On March 1, 2022, Lincoln Electric Holdings, Inc. (the “Company”) issued a press release announcing that it has acquired Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda. (“Kestra”). Kestra manufactures and provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products commonly 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. Kestra’s annual revenue is approximately USD$15 million. A copy of the press release issued by the Company on March 1, 2022 is attached hereto as Exhibit 99.1. The press release is also available on the Company’s website at www.lincolnelectric.com .   Item 9.01. Financial Statements and Exhibits. (d) Exhibits   99.1    Press Release dated March 1, 2022, announcing the Company’s acquisition of Kestra. 104    The cover page of Lincoln Electric Holdings, Inc.’s Form 8-K is formatted in Inline XBRL. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       LINCOLN ELECTRIC HOLDINGS, INC.     Date: March 1, 2022     By:   /s/ Jennifer I. Ansberry       Jennifer I. Ansberry, Executive Vice President,       General Counsel & Secretary
Filing details
Ticker
LECO
CIK
59527
Form type
8-K
Filing date
Mar 1, 2022
Report date
Mar 1, 2022
Document
d41131d8k.htm
Size
153 KB