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ESAB Corporation

North Bethesda, Maryland, United States · Construction, Manufacturing, Oil And Gas

ESAB Corporation (NYSE: ESAB) is a world leader in fabrication and gas control technology, providing our partners with advanced equipment, consumables, gas control equipment, robotics, and digital solutions which enable the everyday and extraordinary work that shapes our world. To learn more, visit www.ESABcorporation.com.

Key facts

Headquarters
North Bethesda, Maryland, United States
Employees
8,000
Industries
Construction, Manufacturing, Oil And Gas
Status
Public (ESAB)
Website
esab.com
LinkedIn
Company page

Recent activity at ESAB Corporation

  • : SEC 8-K (5.02): On June 10, 2026, ESAB Corporation appointed Mitchell P. Rales as Executive Chair of the Board of Directors, effective immediately. As part of this appointment, Mr. Rales, along with CEO Shyam P. Kambeyanda and other senior executives, received performance-based stock option awards aimed at fostering collaboration and leadership for the company's growth strategy. The Performance Option Awards are designed with long service vesting periods and stringent stock price hurdles, reflecting the Board's commitment to long-term value creation. This leadership transition is crucial as the company continues its transformation following the recent acquisition of Eddyfi, underscoring the importance of maintaining a strong management team. The strategic implications of this move aim to solidify ESAB's trajectory in becoming a leading industrial compounder over the next six years.
  • : SEC 8-K (2.01): On June 1, 2026, ESAB Corporation completed its acquisition of Eddyfi Holding Inc. for $1.45 billion in cash, under a Share Purchase Agreement with various vendors. The financing for this acquisition included cash reserves, proceeds from a recent offering of senior notes, and private placements of equity securities. This strategic acquisition is aimed at enhancing ESAB's portfolio in the industrial sector. The transaction is subject to customary purchase price adjustments based on cash, indebtedness, and net working capital at closing.
  • : ESAB Corp. Appoints R. Brent Jones as Chief Financial Officer
  • : ESAB to acquire Eddyfi for $1.45 billion USD
  • : ESAB Corporation Appoints R. Brent Jones as Chief Financial Officer
  • : SEC 8-K (5.02): On April 2, 2026, ESAB Corporation announced the appointment of R. Brent Jones as Executive Vice President and Chief Financial Officer, effective early May 2026. Mr. Jones has a robust background, including roles at Avantor, Inc. and LifeScan Global Corporation. There are no arrangements or family connections impacting his appointment. His compensation includes a $660,000 annual salary, an 80% target bonus, and a significant equity award valued at $1,800,000. Notably, he will also receive a transition bonus of $1,000,000, with repayment conditions applicable if he leaves early. This change demonstrates the company's strategic decision to enhance its financial leadership team.
  • : SEC 8-K (1.01): On March 26, 2026, ESAB Corporation entered into a significant definitive agreement by issuing $1,000 million in aggregate principal amount of 5.625% senior notes due 2031. These Notes will fund a part of the $1.45 billion acquisition of Eddyfi Technologies, a leader in advanced inspection and monitoring technologies. The notes are senior, unsecured obligations guaranteed by some of the Company’s subsidiaries, with interest payments starting from October 1, 2026. Notably, a special mandatory redemption clause exists if the Acquisition is not finalized by a specified date, ensuring financial safeguards for investors involved in this transaction.
  • : SEC 8-K (7.01): On March 12, 2026, ESAB Corporation announced the commencement of a proposed offering of $1,000.0 million aggregate principal amount of senior notes due 2031. The notes will be offered in a private placement to qualified institutional buyers under Rule 144A and to certain international buyers under Regulation S of the Securities Act. This offering is subject to market conditions and is intended for eligible offerees only. The press release indicates that the notes have not been registered under the Securities Act and thus cannot be sold in the U.S. without registration or an exemption.
  • : SEC 8-K (7.01): On March 12, 2026, ESAB Corporation announced the commencement of a proposed offering of $1,000.0 million aggregate principal amount of senior notes due 2031 in a private offering. This offering is intended for qualified institutional buyers as defined in Rule 144A and certain persons outside the United States under Regulation S of the Securities Act. The pricing of the proposed offering was also announced on the same day. The notes will not be registered under the Securities Act and cannot be offered or sold in the U.S. without proper registration or exemption, indicating a significant financial maneuver for capital raising purposes amidst current market conditions.
  • : SEC 8-K (1.01): On January 31, 2026, ESAB Corporation entered into a Share Purchase Agreement with 9559-2796 Québec Inc., its wholly owned subsidiary, to purchase all the issued and outstanding shares of Eddyfi Holding Inc. for an aggregate cash consideration of $1.45 billion. The Company will guarantee the Purchaser's obligations under the Agreement. To finance this acquisition, ESAB has secured a $1.0 billion senior unsecured bridge term loan facility from JPMorgan Chase Bank. The closing of the transaction is contingent upon the fulfillment of customary closing conditions, including regulatory approvals under multiple competition acts and compliance with representations and warranties.

Leadership

  • Shyam Kambeyanda, President and CEO
  • Jay Henderek, Sales Director, Specialty Markets
  • Flavio Santos, President ESAB North America
  • R. Brent Jones, Chief Financial Officer

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About ESAB Corporation: questions and answers

What does ESAB Corporation do?

ESAB Corporation (NYSE: ESAB) is a world leader in fabrication and gas control technology, providing our partners with advanced equipment, consumables, gas control equipment, robotics, and digital solutions which enable the everyday and extraordinary work that shapes our world. To learn more, visit www.ESABcorporation.com.

Where is ESAB Corporation headquartered?

ESAB Corporation is headquartered in North Bethesda, Maryland, United States.

How many employees does ESAB Corporation have?

ESAB Corporation has about 8,000 employees.

Who leads ESAB Corporation?

Shyam Kambeyanda is a President and CEO at ESAB Corporation.

What is the latest news on ESAB Corporation?

On Jun 12, 2026, SEC 8-K (5.02): On June 10, 2026, ESAB Corporation appointed Mitchell P. Rales as Executive Chair of the Board of Directors, effective immediately. As part of this appointment, Mr. Rales, along with CEO Shyam P. Kambeyanda and other senior executives, received performance-based stock option awards a

Is ESAB Corporation a public company?

Yes. ESAB Corporation is publicly traded under the ticker ESAB.

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