Business
ESAB Corporation to Acquire EWM GmbH, Expanding Global Equipment Capabilities and Strengthening Strategic Position
NORTH BETHESDA, Md., June 26, 2025--ESAB Corporation to Acquire EWM GmbH
About this update from Esab Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":268,"url":"https://media.zenfs.com/en/business-wire.com/2313b5b11125300d1c1ad2ebec4a27ef"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PbDiYTouThnX5NyLAwPASA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUzNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/2313b5b11125300d1c1ad2ebec4a27ef","width":480,"height":268}},"lazy":false},{"type":"text","content":"NORTH BETHESDA, Md., June 26, 2025--(BUSINESS WIRE)--ESAB Corporation ("ESAB" or the "Company") (NYSE: ESAB), a focused premier industrial compounder, announced today that it has signed a definitive agreement to acquire EWM GmbH ("EWM"), a German-based leader in heavy industrial welding equipment and advanced automation, for approximately €275 million.","length":384,"tagName":"p"},{"type":"text","content":"EWM is expected to generate approximately €120 million of revenue in 2025 and is expected to be aEPS accretive in year one. The acquisition will be funded through cash on hand, and is expected to close in the second half of 2025, subject to customary closing conditions and regulatory approvals.","length":295,"tagName":"p"},{"type":"text","content":"Shyam P. Kambeyanda, President and Chief Executive Officer of ESAB Corporation, said, "EWM is an exceptional company, bringing deep expertise in advanced welding equipment technology, a strong brand and a highly innovative team. Within our Fabtech businesses, EWM fully addresses our product gaps in heavy industrial equipment, strengthening our technological capabilities and uniquely positioning us to serve end customers with proprietary, end-to-end workflow solutions. Additionally, our customer bases and channel networks are highly complementary, enabling us to significantly extend our market reach."","length":617,"tagName":"p"},{"type":"text","content":"Kambeyanda continued, "In line with our commitment to long-term shareholder value, this transaction fully aligns with ESAB’s strategic and financial objectives, including an expected ROIC exceeding 10% before year five. We expect EWM to deliver high-single-digit sales growth, consistent with ESAB’s long-term growth outlook for equipment, gross margins greater than 45% and accretive incrementa...