ESAB to acquire Novacap and La Caisse-backed Eddyfi Technologies in $1.45bn deal

• As part of the deal, ESAB has made firm commitments to maintain Eddyfi’s workforce and head office in Quebec City
• Founded in 1904, North Bethesda, Maryland-based ESAB is a focused premier industrial compounder

ESAB Corp has agreed to acquire Eddyfi Technologies, a Canadian advanced inspection and monitoring technologies company backed by Novacap and Caisse de dépôt et placement du Québec.