ESAB Corporation, a major global player in welding and cutting equipment, has signed a definitive agreement to acquire Germany-based EWM GmbH for roughly €275 million. EWM, established in 1957, is a well-regarded name in heavy industrial welding and automation tech, employing around 800 people across multiple countries. With this acquisition, ESAB aims to strengthen its footprint in high-end welding equipment, specifically in segments it previously lacked depth.
Financially, the deal is structured on solid ground—ESAB plans to fund it using existing cash reserves and expects it to be accretive to earnings in the first year. EWM is projected to bring in around €120 million in revenue in 2025. Importantly, this acquisition is not just about revenue—it’s about synergy. EWM’s customer base and distribution channels align well with ESAB’s, which could help expand reach in Europe and fuel growth in North America.
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.
For welding professionals and industry observers, this move could shift the competitive landscape. EWM brings technical depth and innovation in arc welding solutions, while ESAB contributes its global scale and operational playbook. If the integration stays on course, the welding equipment market may soon see a broader, more advanced portfolio from one of its biggest names—without compromising the legacy of a respected German brand.
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