ESAB to Acquire Eddyfi Technologies for $1.45 Billion: Expanding Presence in Aerospace and Defense

ESAB Corp has agreed to acquire Eddyfi Technologies for $1.45 billion, expanding its presence in the aerospace and defense sectors. Despite a 4.2% share price decline, ESAB maintains a strong market position in the industrial products sector with robust profitability and growth potential. However, some financial stress indicators warrant attention. The acquisition is expected to expand ESAB's market by around $5 billion and generate approximately $270 million in revenue and $80 million in adjusted EBITDA by 2026.