ESAB (ESAB)

The company became an independent public business in 2022 after being spun off from Colfax. As a standalone company, ESAB competes in one of the most established areas of industrial manufacturing. Alongside Lincoln Electric and Illinois Tool Works’ Miller brand, it is widely regarded as one of the three leading global names in welding. Its scale, distribution network, application expertise, and broad product catalogue help it serve both heavy industrial users and smaller professional customers.

ESAB’s offering spans everyday welding consumables as well as advanced equipment and systems used in demanding environments. Consumables create recurring demand because welding wire, electrodes, and related materials are used continuously in production and maintenance. Equipment sales, meanwhile, are tied to industrial capital spending, manufacturing activity, and customers’ efforts to improve automation, safety, and efficiency.

The company generated roughly $2.8 billion in revenue in 2025, reflecting its position as a sizeable participant in the global fabrication supply chain. For investors, ESAB provides exposure to industrial production, infrastructure investment, energy markets, and manufacturing modernisation. Its results are influenced by raw material costs, global manufacturing cycles, pricing discipline, and demand for higher-productivity welding and cutting solutions.