Lincoln Electric Holdings, Inc. (NasdaqGS:LECO) is looking for acquisitions. Gabriel Bruno Chief Financial Officer said during the Fourth Quarter and Full Year 2023 Financial Results Conference Call, "Well, Nathan, as we've talked before, the market is very fragmented. We believe we have lots of opportunities to continue to drive inorganic growth through acquisitions, automation and outside of automation.

So we'll continue to prioritize capital allocation through internal investment and acquisitions and then the balance to return cash to shareholders. But we think we have a lot of opportunities, a very robust pipeline of acquisitions that we're actively pursuing".