ESAB–Eddyfi Deal: Welding + Inspection in One Flow

Summary

• ESAB Corporation signed a definitive deal to acquire Eddyfi Technologies for $1.45 billion.
• Eddyfi targets ~$270M revenue and ~$80M adjusted EBITDA in 2026 (ESAB cites $100M including run-rate synergies).
• ESAB says the combination expands its workflow offering from fabrication to inspection and monitoring, with closing expected mid-2026.

ESAB announced it has signed a definitive agreement to acquire Eddyfi Technologies for $1.45 billion, with the transaction expected to close in mid-2026 pending regulatory approvals and other customary conditions. ESAB said the purchase will be funded using a mix of cash on hand, debt, and $318 million of fully committed equity.

Eddyfi is positioned as an advanced inspection and monitoring specialist, spanning non-destructive testing instrumentation, sensing, automated remote monitoring, robotics, and software. ESAB’s release projects Eddyfi at roughly $270 million revenue and $80 million adjusted EBITDA in 2026, and it also states commitments to keep Eddyfi’s workforce and head office in Quebec City.

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ESAB has entered into a definitive agreement to acquire Eddyfi Technologies, a global leader in advanced inspection and monitoring technologies. This is an exciting step forward in our journey to become a premier industrial compounder, strengthening our ability to deliver a complete workflow solution—from fabrication to post-weld inspection to continuous monitoring of mission-critical assets—and accelerates our journey toward a portfolio that is faster growing, higher margin and less cyclical. Read the full announcement: https://lnkd.in/eaecsmxm #ESABCorporation #ShapingTheWorldWeImagine

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Strategically, ESAB is framing this as a move toward a “full workflow” package—linking weld production with inspection and asset monitoring—while expanding exposure to end markets like aerospace & defense, nuclear, energy, and civil infrastructure. ESAB also says the deal expands its total addressable market by about $5 billion and targets $20 million in synergies.

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