Lincoln Electric Holdings, Inc. (NasdaqGS:LECO) entered into a purchase agreement to acquire certain brazing assets from Worthington Industries, Inc. (NYSE:WOR) on December 31, 2018. In a related transaction, Lincoln Electric Holdings, Inc. acquired soldering business from Worthington Industries, Inc. Further, the annual revenue generated by the assets being acquired through both transactions is approximately $25 million. The transaction is subject to customary closing conditions and is expected to close on February 1, 2019.