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
PRESS RELEASE
5 February 2026
ESAB Corporation To Acquire Eddyfi Technologies For US$1.45 Billion
Bennett Jones LLP
Contributor
Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.
ESAB Corporation (NYSE: ESAB), a focused premier industrial compounder, has signed a definitive agreement to acquire Québec City-headquartered Eddyfi Technologies...