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Eddyfi Technologies, a Quebec-based company specializing in non-destructive testing (NDT) solutions, has been acquired by ESAB corporation in a transaction valued at approximately $2 billion CAD.The deal, initially announced on February 2, 2026, is expected to close in the second quarter of 2026.
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Eddyfi develops and manufactures advanced inspection technologies used to assess the integrity of critical assets across various industries, including aerospace, oil & gas, nuclear, and civil infrastructure. Their solutions play a vital role in ensuring safety and reliability by detecting flaws and preventing failures.
About Eddyfi Technologies
Founded in 2007 and headquartered in Quebec City, Quebec, Eddyfi employs approximately 1,000 peopel globally.The company has established a strong reputation for innovation and provides a thorough range of NDT instruments and services. This includes ultrasonic testing, phased array, eddy current, and remote visual inspection technologies. Learn more about Eddyfi’s solutions.
About ESAB Corporation
ESAB corporation, a global leader in welding and cutting equipment and solutions, is based in Charlotte, North Carolina. The acquisition of Eddyfi expands ESAB’s offerings into the growing NDT market, complementing its existing portfolio. find more facts about ESAB.
Strategic Rationale for the Acquisition
The integration of Eddyfi into ESAB is expected to create synergies by combining ESAB’s global reach and market access wiht Eddyfi’s technological expertise. This strategic move will allow both companies to better serve customers in critical industries demanding high-integrity asset inspection. According to a press release by ESAB, the combined companies will address increasing demand for N
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