# ESAB Corporation to acquire Eddyfi Technologies for $1.45 billion

ESAB Corporation has signed a definitive agreement to acquire Eddyfi Technologies, a global leader in advanced inspection and monitoring technologies, for $1.45 billion. The transaction is expected to close in mid-2026.

- Type: Acquisition
- Announced: 2026-02-02
- Where: Quebec City, Canada
- Value: $1.45B
- Status: announced
- Products: advanced inspection and monitoring technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Novacap](https://endata.com/companies/10320.md) (investor)
- [ESAB Corporation](https://endata.com/companies/18657.md) (acquirer)
- [Eddyfi Technologies](https://endata.com/companies/37201.md) (target)
- [La Caisse](https://endata.com/companies/90063.md) (investor)

## Sources

- [investors.esabcorporation.com](https://investors.esabcorporation.com/news/news-details/2026/ESAB-Corporation-to-Acquire-Eddyfi-Technologies-Creating-an-Unrivaled-Provider-of-Complete-Workflow-Solutions/default.aspx), 2026-02-02: "ESAB Corporation ('ESAB' or the 'Company') (NYSE: ESAB), a focused premier industrial compounder, today announced that it has signed a definitive agreement to acquire Eddyfi Technologies ('Eddyfi'), a global leader in advanced inspection and monitoring technologies, for $1.45 billion."
- [pehub.com](https://www.pehub.com/esab-to-acquire-novacap-and-la-caisse-backed-eddyfi-technologies-in-1-45bn-deal/), 2026-02-02: "ESAB to acquire Novacap and La Caisse-backed Eddyfi Technologies in $1.45bn deal"
- [canadianmanufacturing.com](https://www.canadianmanufacturing.com/manufacturing/eddyfi-technologies-announces-acquisition-by-esab-315866/), 2026-02-02: "ESAB has committed to maintaining Eddyfi's workforce and head office in Quebec City."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.