ESAB

What ESAB does

ESAB Corporation (NYSE: ESAB) is a publicly traded industrial manufacturer founded in 1904 and headquartered in North Bethesda, Maryland, with over 9,000 employees operating in 47 countries and serving customers in approximately 150 countries. The company operates two core business segments: ESAB Fabrication Technology, the self-described world leader in welding, cutting, and related fabrication equipment and consumables, and GCE, a global leader in gas control equipment for industrial, specialty gas, and medical applications. Following the June 2026 completion of its $1.45 billion acquisition of Eddyfi Technologies, ESAB has expanded into advanced non-destructive testing (NDT), inspection, monitoring, robotics, and asset integrity solutions serving aerospace, defense, nuclear power, energy, and civil infrastructure sectors across 110+ additional countries.

Revenue is generated predominantly through B2B hardware sales under quote-based, multi-year enterprise contracts, with targeted end markets spanning highly cyclical industries (oil and gas, construction, automotive, shipbuilding, heavy manufacturing) and increasingly mission-critical sectors (nuclear, aerospace, defense). The underlying technology stack includes the WeldCloud digital platform for connected welding and real-time process monitoring, the proprietary ESAB Business Excellence (EBX) operating system, and acquired NDT/inspection IP from Eddyfi, alongside over 40 disclosed AI projects (including computer vision for workplace safety via Voxel) and an AI expert director added to the Board in January 2026. Distribution combines direct enterprise and field sales with global distributor networks, including a specialized GCE distribution footprint across the Americas, Asia, and Europe.

Recent strategy has been acquisition-led and capital-intensive: Swift-Cut Automation (UK CNC cutting, March 2023), Linde Bangladesh (gas control, May 2024), EWM GmbH (German arc welding, ~$322M in 2025), and Eddyfi Technologies (Canadian NDT, $1.45B completed June 2026), collectively expanding TAM by approximately $5 billion. FY2026 guidance points to $2.85-2.95 billion in sales with $575-595 million in adjusted EBITDA, implying 6-9% core organic growth, while Q1 2026 delivered record sales of $746 million (up 10% year-over-year) but with core adjusted EBITDA margin contracting 80 basis points to 19.0% on EWM integration and Middle East conflict costs. The $1.45 billion Eddyfi deal was financed through $1 billion in 5.625% senior notes due 2031, $318 million in committed equity, and cash on hand.

Name

ESAB

Legal name

ESAB Corporation

Website

https://esabcorporation.com

Company type

Public

Founded year

1904

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ESAB Corporation (NYSE: ESAB) is a global industrial manufacturer of welding, cutting, and gas control equipment serving approximately 150 countries through direct sales and distributors. Founded in 1904 and headquartered in North Bethesda, Maryland, the company has expanded via acquisition into non-destructive testing and industrial inspection technologies.

Ownership category

akta.pro rank

Product category

Industrial Welding and Cutting Equipment

NAICS

Aerospace Product and Parts Manufacturing (33641), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Analytical Laboratory Instrument Manufacturing (334516), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Laboratory Analytical Instruments (3826), Services-Testing Laboratories (8734)

akta.pro primary industry

Phase II ESA & Subsurface Investigation (Soil/Groundwater Sampling) (EUAHAEAB)

akta.pro secondary industries

Spacecraft Integration, Assembly & Test (IAT) (IMABACAK), Brake-Based Active Safety Hardware Manufacturing (ABS/ESC/AEB Actuators & Modulators) (IMACAMAH)

Keywords

• Welding equipment manufacturing
• Industrial cutting solutions
• Gas control equipment
• Non-destructive testing
• Fabrication technology

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fabrication Technology Products: ESAB offers welding and cutting equipment and consumables, including arc welding, plasma cutting, and automated systems. Revenue is generated through product sales across diverse industrial end markets.
2. Gas Control Equipment (GCE): GCE, a global market leader for gas control equipment, develops and manufactures solutions for industrial, medical, and life sciences applications under ESAB Corporation.
3. Inspection and Monitoring Technologies: Following the acquisition of Eddyfi Technologies (completed June 2026), ESAB generates revenue from advanced inspection, monitoring, and non-destructive testing equipment serving aerospace, defense, nuclear power, energy, and civil infrastructure sectors. Eddyfi serves customers in more than 110 countries.
4. Automated Welding Systems and Solutions: ESAB provides automated SAW lines, heavy-duty manipulators, and digitally controlled welding systems with real-time process monitoring for offshore wind and other industrial applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ESAB Corporation designs, manufactures, and sells welding and cutting equipment, gas control equipment, and industrial inspection and monitoring technologies for global industrial markets. The company operates two core segments — ESAB Fabrication Technology (arc welding, plasma cutting, automated welding systems, consumables) and GCE Gas Control (industrial, specialty gas, and medical gas control solutions). Through its 2026 acquisition of Eddyfi Technologies, ESAB has expanded into advanced non-destructive testing, robotics, and asset integrity monitoring for aerospace, defense, nuclear, energy, and civil infrastructure sectors.

Product overview

ESAB Corporation is a focused premier industrial compounder founded in 1904, headquartered in North Bethesda, Maryland, serving customers in approximately 150 countries. The company operates two core business segments: ESAB (Fabrication Technology) as the world leader in fabrication technology offering welding, cutting, and related equipment and consumables, and GCE (Gas Control) as a global leader in gas control equipment for industrial, specialty gas, and medical applications. Following its June 2026 acquisition of Eddyfi Technologies for $1.45 billion, ESAB has expanded into advanced inspection and monitoring technologies including non-destructive testing, robotics, and software. Previous acquisitions include EWM GmbH (Germany-based arc welding equipment and automation) and Swift-Cut Automation (UK-based CNC plasma and waterjet cutting). The company also offers the WeldCloud digital platform for welding process management and real-time monitoring. ESAB employs over 9,000 associates across 47 countries.

Differentiator

Problem solved

Functional benefit

Brands

• ESAB: World leader in fabrication technology, offering efficient solutions for every industry and process
• GCE

Products and services

• ESAB Fabrication Technology The ESAB family of brands offers welding equipment, cutting systems (including plasma and waterjet), automated welding solutions, and consumables for industrial fabrication across diverse end markets globally.
• GCE Gas Control Equipment GCE develops and manufactures gas control equipment and regulators for industrial, specialty gas, medical, and life sciences applications, serving customers across the Americas, Asia, and Europe.
• Eddyfi Technologies Inspection and NDT Equipment Eddyfi Technologies provides advanced non-destructive testing instrumentation, robotics, monitoring technology, and asset integrity software serving aerospace, defense, nuclear power, energy, and civil infrastructure sectors in more than 110 countries.
• EWM GmbH Arc Welding Equipment and Automation EWM GmbH provides industrial arc welding equipment, heavy industrial welding systems, and advanced automation technologies for industrial welding customers.
• Swift-Cut Automation CNC Cutting Machines Swift-Cut Automation manufactures CNC plasma and waterjet cutting machines for industrial fabrication and cutting applications.
• WeldCloud Digital Platform WeldCloud is ESAB's connected fabrication platform enabling real-time process monitoring, data analytics, and operational management of welding and fabrication operations.

Quantifiable outcome

• Record Q1 2026 sales of $746 million, up 10% year over year
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Six partnerships are on record, tiered emerging, supporting, key and core.

• BlykallaemergingStrategic or Co-development Partner · 16 June 2026ESAB partnered with Blykalla to scale advanced materials for Small Modular Reactors (SMRs), expanding ESAB's reach into the advanced nuclear energy sector and supporting next-generation nuclear infrastructure development.
• BITS Pilani Dubai CampussupportingOthers · 28 May 2026ESAB Middle East actively recruited at BITS Pilani Dubai Campus's 11th Annual Career Fair, connecting with over 400 students and 80+ UAE recruiters, with 51% of participating students shortlisted by employers. Part of ESAB's talent acquisition and campus recruiting efforts in the Middle East region.
• Titan Wind EnergykeyChannel Partner/ Reseller/ Distributor · 28 May 2026Titan Wind Energy signed its largest welding and handling equipment contract with ESAB for its new monopile manufacturing facility in Cuxhaven, Germany. The deal includes automated SAW lines, heavy-duty manipulators, and digitally controlled welding systems with real-time process monitoring designed for 14-metre-class monopiles, creating a scalable, data-rich production environment for offshore wind supply chain.
• Eddyfi TechnologiescoreStrategic or Co-development Partner · 2 February 2026ESAB Corporation signed a definitive agreement to acquire Eddyfi Technologies for $1.45 billion, completing the acquisition on June 2, 2026. Eddyfi is a global leader in advanced inspection and monitoring technologies headquartered in Quebec City, serving customers in more than 110 countries across aerospace, defense, nuclear, energy, and civil infrastructure sectors. The acquisition is expected to expand ESAB's total addressable market by approximately $5 billion, with run-rate synergies potentially reaching $100 million.
• EWM GmbHcoreStrategic or Co-development Partner · 27 June 2025ESAB Corp. signed an agreement to acquire EWM GmbH, a Germany-based provider of industrial arc welding equipment and automation, for approximately €275 million (~$317 million USD) in June 2025. The acquisition aims to fill product gaps, enhance technological capabilities, capitalize on improving European market conditions, and increase global sales, especially in North America.
• Swift-Cut AutomationsupportingStrategic or Co-development Partner · 1 March 2023In March 2023, ESAB acquired UK-based Swift-Cut Automation, a CNC plasma and waterjet cutting machine manufacturer, strengthening its portfolio in fabrication and cutting equipment as part of its broader acquisition strategy.

Scale indicators16 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Ametek: Ametek is a broad industrial incumbent in electronic instruments and electromechanical devices, serving similar measurement, monitoring, and process-control customers as ESAB's Eddyfi acquisition. Comparable business model of niche industrial instruments sold into process and quality-control end markets.
• Honeywell International: Honeywell is a broad industrial incumbent with sensing, controls, and process solutions that partially overlap with ESAB's measurement, monitoring, and control product portfolio post-Eddyfi. While Honeywell operates across vastly more end markets, its Industrial Automation segment competes in adjacent industrial sensing and asset integrity spaces.
• Stanley Black & Decker: Stanley Black & Decker's Industrial segment includes tools, fasteners, and engineered solutions that overlap with portions of ESAB's fabrication/cutting equipment customer base. While SBD is more diversified into consumer tools, its industrial fastening and assembly businesses target similar manufacturing customers.
• Mersen: Mersen is a broad incumbent industrial group with electrical specialties and anticorrosion equipment that overlaps with ESAB's gas control (GCE) and industrial product lines. While Mersen is more diversified across graphite, anticorrosion, and electrical components, it competes in adjacent industrial markets serving similar customers.
• Emerson Electric: Emerson Electric provides industrial automation, measurement, and process control solutions that compete in adjacent spaces with ESAB's welding controls and Eddyfi inspection/monitoring businesses. Emerson serves similar industrial, energy, and process manufacturing customers.
• Atlas Copco: Atlas Copco is a broad industrial incumbent providing compressors, vacuum solutions, and industrial tools across manufacturing and process industries — overlapping customer base with ESAB's fabrication and welding tools customers. While not a direct welding competitor, Atlas Copco's industrial tool segment serves similar manufacturing operations.
• Parker-Hannifin: Parker-Hannifin's motion and control technologies serve many of the same aerospace, defense, and industrial customers that ESAB serves post-Eddyfi. While Parker is more focused on motion/flow control components, its customer base in aerospace, energy, and industrial manufacturing overlaps meaningfully with ESAB's expanded inspection portfolio.

Direct peers

• Hypertherm: Hypertherm is a direct peer in industrial cutting technology, specializing in plasma, waterjet, and laser cutting systems used in metal fabrication — directly overlapping with ESAB's Swift-Cut and plasma cutting product lines. Both companies target similar fabrication and metal-cutting end customers.
• Lincoln Electric Holdings: Lincoln Electric is the closest direct peer to ESAB, manufacturing arc welding products, welding consumables, and cutting equipment globally. Both companies serve overlapping end markets (construction, shipbuilding, automotive, energy) with similar business models of hardware + consumables sales, and compete head-to-head in connected welding solutions.
• Illinois Tool Works (Miller Electric): Illinois Tool Works owns Miller Electric, a leading global welding equipment manufacturer and direct ESAB competitor. ITW provides a publicly traded proxy for ESAB's welding segment economics and represents a broad incumbent competitor with deeper pockets for R&D and M&A.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/esabcorp
• LinkedInlinkedin.com/company/esabcorporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ESAB