ESAB Corp Announces One Point Four Five Billion Dollar Acquisition of Eddyfi Technologies

North Bethesda, Maryland-based ESAB Corporation ESABannounced on February 2, 2026, that it will acquire Eddyfi Technologies for $1.45 billion. The transaction involving the Canadian CAtesting-instrument manufacturer is expected to close in the middle of 2026. The US USbased company stated that the purchase will be funded through a combination of cash, debt, and $318 million of fully committed equity.

Chief Executive Officer shyam kambeyanda stated that the acquisition will broaden the product portfolio of ESAB Corporationwhile increasing exposure to several high-growth end markets. These specific sectors include aerospace, defense, nuclear, energy, and civil infrastructure. shyam kambeyanda noted that the combination of the two companies will also help expand the global presence of the group.