Lincoln Electric Targets HVAC OEM Market Growth via Consolidation

Lincoln Electric is actively consolidating HVAC component manufacturers to build a comprehensive portfolio for HVAC OEM coil fabrication. The acquisition of FTP and Shoals is positioned as part of a broader strategy to capitalize on HVAC growth opportunities.

“The acquisition also positions HPG to better capitalize on the attractive HVAC growth opportunity as part of our Higher Standard 2025 Strategy.”

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