secwatch.observer — SEC 8-K summary
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Issuer:     ESAB Corp (ESAB)
CIK:        0001877322
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001213900-26-010528
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESAB acquires Eddyfi for $1.45B; reports preliminary Q4/FY2025 results and 2026 outlook
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- ESAB to acquire Eddyfi Technologies for $1.45B cash, expected to close mid-2026.
- Eddyfi expected ~$270M revenue and $80M adjusted EBITDA in 2026; $100M with synergies.
- $318M committed equity includes $175M mandatory convertible preferred (6.5%) and $143M common stock; $125M from Rales affiliates.
- Preliminary Q4 2025: revenue $720-722M, core aEPS $1.34-1.36; FY2025: core revenue ~$2.7B, core aEBITDA ~$540M.
- 2026 outlook: core revenue $2.85-2.95B, core aEBITDA $575-595M, core aEPS $5.70-5.90; net leverage <3.0x by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877322/000121390026010528/0001213900-26-010528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877322/000121390026010528/ea0274989-8k_esab.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-010528

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer