ESAB Corporation Enters into Agreement to Acquire the Welding Business of Linde Bangladesh
ESAB (NYSE: ESAB) announced its agreement to acquire Linde Industries Private (LIPL), a leader in welding consumables and equipment in Bangladesh.
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“LIPL is our third acquisition this year as we accelerate our compounding journey,” said Shyam P. Kambeyanda, President and CEO, ESAB Corporation. “Bangladesh is a fast growing and attractive market and the LIPL acquisition further strengthens our ability to serve our end markets and customers in the region. Our team is excited about the significant growth opportunities in
LIPL generated approximately
About ESAB Corporation
Founded in 1904, ESAB Corporation is a focused premier industrial compounder. The Company’s rich history of innovative products, workflow solutions and its business system ESAB Business Excellence (“EBX”), enables the Company’s purpose of Shaping the world we imagine.TM ESAB Corporation is based in
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Investor Relations Contact:
Mark Barbalato
Vice President, Investor Relations
E-mail: investorrelations@esab.com
Phone: 1-301-323-9098
Media Contact:
Tilea Coleman
Vice President, Corporate Communication
E-mail: mediarelations@esab.com
Phone: 1-301-323-9092
Source: ESAB Corporation