ESAB

Mississauga, Canada Founded: 1904 • Age: 122 yrs
Manufacturer of welding equipments
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About ESAB

ESAB is a company based in Mississauga (Canada) founded in 1904.. The company has 9,300 employees as of December 31, 2024. ESAB has completed 2 acquisitions, including EWAC Alloys and GCE Group. ESAB operates in a competitive market with competitors including Havells, Infinitum, Allient, Nuventura and Bonfiglioli, among others.

  • Headquarter Mississauga, Canada
  • Employees 9300 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Esab Corporation
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $2.74 B
    -1.22
    as on Dec 31, 2024
  • Net Profit
    $263.47 M
    29.32
    as on Dec 31, 2024
  • EBITDA
    $524.28 M
    5.28
    as on Dec 31, 2024
  • Latest Funding Round
    $119.75 K (USD), Grant

    Mar 31, 2023

  • Investors
  • Employee Count
    9300

    as on Dec 31, 2024

  • Investments & Acquisitions
    EWAC Alloys

    & 1 more

  • Acquired by
    N/A

    (Jun 01, 1994)

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IPO & Listings of ESAB

ESAB is a publicly listed company on the NYSE with ticker symbol ESAB in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: ESAB . Sector: Producer manufacturing · USA
People of ESAB
Headcount 5000-10000
Employee Profiles 140
Employee Profiles
People
Natasha Malik
Director, International Tax And Planning
People
Mike McGuire
Director Of Accounting
People
Madison Shepherd Schwengel
Director, Tax Operations
People
Woosung Park Park
CFO

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Funding Insights of ESAB

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $119,749
  • First Round

    (31 Mar 2023)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Grant - ESAB Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ESAB

ESAB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Portál veřejné správy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
A digital platform for public administration services in Czech Republic.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ESAB

ESAB has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EWAC Alloys and GCE Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Contract electronics manufacturer providing PCB assembly, design, and box build services
1987
Fabrication and wear liners components are manufactured by EWAC Alloys.
1962
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ESAB

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Esab Comparisons

Employees
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Competitors of ESAB

ESAB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Havells, Infinitum, Allient, Nuventura and Bonfiglioli, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electrical equipment for domestic and industrial applications is manufactured.
domain founded_year HQ Location
AC induction motors are manufactured by Infinitum.
domain founded_year HQ Location
Motors for Automation, Robotics, Automotive and more sectors
domain founded_year HQ Location
Gas insulated switchgear is designed and manufactured in Berlin.
domain founded_year HQ Location
Manufacturer of gears, drive motors and gearboxes
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about ESAB

When was ESAB founded?

ESAB was founded in 1904 and raised its 1st funding round 119 years after it was founded.

Where is ESAB located?

ESAB is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.

How many employees does ESAB have?

As of Dec 31, 2024, the latest employee count at ESAB is 9,300.

What is the annual revenue of ESAB?

Annual revenue of ESAB is $2.74B as on Dec 31, 2024.

What does ESAB do?

ESAB, founded in 1904 in Mississauga, Canada, focuses on industrial goods and manufacturing, industrial automation equipment, electrical systems, manufacturers, and diversified. Manufacturer of welding equipments. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of ESAB?

ESAB's top competitors include Havells, Allient and Infinitum.

Is ESAB publicly traded?

Yes, ESAB is publicly traded on NYSE under the ticker symbol ESAB.

How many acquisitions has ESAB made?

ESAB has made 2 acquisitions, including EWAC Alloys, and GCE Group.

Who are ESAB's investors?

ESAB has 1 investor. Key investors include Portál veřejné správy.

What is ESAB's ticker symbol?

The ticker symbol of ESAB is ESAB on NYSE.

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