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ESAB Corporation to Acquire Eddyfi Technologies for US$1.45 Billion

February 3, 2026
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Summarize

ESAB Corporation (NYSE: ESAB), a focused premier industrial compounder, has signed a definitive agreement to acquire Québec City-headquartered Eddyfi Technologies, a global leader in advanced inspection and monitoring technologies, for US$1.45 billion. The transaction is expected to close in mid-2026, subject to customary closing conditions and regulatory approvals. 
 
Bennett Jones is acting for ESAB with a team that includes Curtis Cusinato, Andrew Bozzato, Jean Tessier and Olivier Caron (M&A).
 
Read the transaction press release

 

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