Florence, S.C. – Charter International plc, owner of ESAB Welding & Cutting Products – a manufacturer of welding products including laser welding systems – has been acquired by Colfax Corporation.
Colfax Corporation (Fulton MD), is a diversified industrial manufacturing company listed on the New York Stock Exchange. Charter International plc resided in Ireland and was the parent of two leading businesses: ESAB and Howden, a premier manufacturer of heavy-duty air and gas handling equipment.
"We are very excited about this acquisition," said Andrew Masterman, President & Chief Executive Officer of ESAB North America said, "This is a perfect fit for ESAB, as we are a world-class leader in the welding industry – a position we have attained by building strong partnerships with our customers and by creating a brand that is trusted worldwide."
ESAB employs more than 8,500 people worldwide and has sales and support locations in 80 countries, and 26 manufacturing facilities across 4 continents. ESAB’s North American headquarters is located in Florence, South Carolina.
"This acquisition will not impact our customers or distributors," said Mark Elender, Senior Vice President of Sales and Marketing for ESAB North America. "We will continue to provide our customers and distributors with the best products and support services, and we are confident that this transition will be seamless and beneficial to all."
ESAB Welding & Cutting Products is one of the world’s largest and most experienced manufacturers of welding and cutting equipment and welding filler metals. solutions for its customers.
For more information, visit www.esabna.com