ESAB Corporation to acquire Eddyfi Holding Inc.

ESAB Corporation has agreed to acquire Eddyfi Holding Inc. in a strategic acquisition valued at USD 1,450,000,000. The transaction consideration consists entirely of cash, with the deal announced on 2 June 2026. This strategic move brings together a US-based buyer and a Canadian target, marking a significant cross-border consolidation within the broader industrial sector. The parties have confirmed that the transaction was completed on 1 June 2026, indicating a rapid execution of the agreed terms shortly after the public announcement.

The deal structure represents a clear transfer of ownership where the target company is fully acquired by the listed acquirer. Regulatory approvals were a necessary condition for the transaction to proceed, and the completion date confirms that all requisite consents were secured. The final status of the transaction is recorded as completed, signifying that the legal and financial obligations have been fulfilled. This acquisition concludes the process initiated in early June 2026, establishing a new operational structure under the ownership of the American industrial group. The transaction is subject to regulatory approval.