Esab Corporation, a focused industrial compounder, has completed the acquisition of Eddyfi Technologies, a global leader in advanced inspection and monitoring solutions.

According to ESAB, the acquisition strengthens its end-to-end industrial workflow capabilities, enhances its technology portfolio, and supports the company’s strategic growth and industrial compounder objectives.

Shyam Kambeyanda, President and CEO of ESAB, said: “By combining Eddyfi’s technology leadership with our global scale, ESAB becomes an unrivaled provider of complete workflow solutions spanning fabrication, inspection, and monitoring. Eddyfi strengthens our portfolio, accelerates ESAB’s journey toward a business that is faster growing, higher margin, and less cyclical, and reinforces our position as the partner of choice for customers where quality, productivity, and asset integrity are non-negotiable.”

“Beyond the strategic fit, the Eddyfi team has their culture grounded in technology leadership, a strong growth mindset, and an entrepreneurial spirit. Their values align with ESAB’s culture and the way we build businesses. We place strong emphasis on a winning mentality, and we firmly believe that long-term success comes from building, investing in, and supporting teams over time. I’m confident this shared philosophy will enable Eddyfi to thrive and unlock extraordinary long-term value for our shareholders,” Kambeyanda concluded.