ESAB Corporation Enters into Agreement to Acquire the Welding Business of Linde Bangladesh
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it has entered into an agreement to acquire Linde Industries Private Limited (LIPL).
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it has entered into an agreement to acquire Linde Industries Private Limited (LIPL).
- LIPL is a market leader in welding consumables and equipment in Bangladesh.
- “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.