ESAB

American-Swedish industrial company


title: "ESAB" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["companies-listed-on-the-new-york-stock-exchange", "companies-based-in-montgomery-county,-maryland", "swedish-companies-established-in-1904", "manufacturing-companies-of-sweden", "companies-in-the-s&p-400", "1900s-establishments-in-gothenburg-and-bohus-county"] description: "American-Swedish industrial company" topic_path: "geography/sweden" source: "https://en.wikipedia.org/wiki/ESAB" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American-Swedish industrial company ::

::data[format=table title="Infobox company"]

FieldValue
nameESAB Corporation
logoESAB.svg
typePublic company
traded_as
industryManufacturing, welding, fabrication
predecessor
successor
foundedin Gothenburg, Sweden
founderOscar Kjellberg
defunct
hq_locationNorth Bethesda, Maryland, U.S.
area_servedWorldwide
key_people
owner
num_employees9,000
num_employees_year2022
parentESAB Corporation
website
::

| name = ESAB Corporation | logo = ESAB.svg | type = Public company | traded_as = | industry = Manufacturing, welding, fabrication | fate = | predecessor = | successor = | founded = in Gothenburg, Sweden | founder = Oscar Kjellberg | defunct = | hq_location = North Bethesda, Maryland, U.S. | area_served = Worldwide | key_people = | products = | owner = | num_employees = 9,000 | num_employees_year = 2022 | parent = ESAB Corporation | website = | footnotes = ::figure[src="https://upload.wikimedia.org/wikipedia/commons/5/5a/Goteborg_ESAB.jpg" caption="ESAB headquarters in [[Gothenburg]]."] ::

ESAB, Elektriska Svetsnings-Aktiebolaget (), is an American-Swedish industrial company.

The ultimate parent company of ESAB is ESAB Corporation, a New York Stock Exchange listed (Ticker: ESAB) with its principal executive office in North Bethesda, Maryland, U.S.

ESAB products includes a fabrication technology arm, which includes welding, cutting, gas control, PPE, software, and robotic equipment and a separate gas control portfolio focused on healthcare, industrial, and specialty gas control solutions.

History

The company was founded in 1904 by Swedish businessman Oscar Kjellberg in Gothenburg, Sweden. The company sells equipment for welding and cutting.

Other notable CEO was Lars Westerberg who ran ESAB for three years.

The ESAB was acquired by Charter International in 1994.

The ESAB group was acquired by Colfax Corporation on 13 January 2012.

Following the purchase, the CEO of Colfax, Clay Kiefaber, stepped down to the president role of ESAB and was replaced by Steve Simms.

The ESAB group acquired the Welding Wire business of Sandvik effective February 1, 2018. The acquisition included production units in Scranton, PA, and Sandviken, Sweden; the technical sales and product management organization; as well as multiyear strategic collaboration on R&D for future product developments.

On April 5, 2022, Colfax Corp. (now Enovis Corp.) distributed 100% of the shares of ESAB Corporation to Colfax shareholders. The spin-off transaction was registered with the U.S. Securities and Exchange Commission through a Form 10-12B registration statement. An Information Statement was sent to Colfax shareholders.

On October 17, 2022, ESAB Corporation announced the acquisition of Ohio Medical, a global leader in oxygen regulators and central gas systems for the healthcare industry.

Critics

In January 2024 ESAB was added to Ukraine's list of International Sponsors of War for continuing to operate and expand business in Russia.

References

References

  1. "Business Wire".
  2. Publisher, Stainless Steel World. (2022-04-11). "ESAB as an independent, publicly-traded company".
  3. "ESAB Corporation Acquires Ohio Medical".
  4. (9 March 2021). "These two executives will lead new Maryland-based public company after Colfax's split". Baltimore Business Journal.
  5. (1 February 2018). "ESAB COMPLETES ACQUISITION OF SANDVIK WELDING BUSINESS".
  6. (March 17, 2022). "EDGAR Filing Documents for 0001193125-22-077739".
  7. "EX-99.1".
  8. gasworld. (2022-10-18). "ESAB expands expertise through Ohio Medical acquisition".
  9. (25 January 2024). "The American-Swedish company ESAB has been added to the list of international sponsors of the war".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

companies-listed-on-the-new-york-stock-exchangecompanies-based-in-montgomery-county,-marylandswedish-companies-established-in-1904manufacturing-companies-of-swedencompanies-in-the-s&p-4001900s-establishments-in-gothenburg-and-bohus-county