ESAB to acquire welding business from Linde Bangladesh.

ESAB, a production of fabrication technology, welding and cutting equipment and consumables company, agreed to acquire welding business from Linde Bangladesh, an industrial gases company. Financial terms were not disclosed. “LIPL is our third acquisition this year as we accelerate our compounding journey. Bangladesh is a fast growing and attractive market and the LIPL acquisition further strengthens our ability to serve our end markets and customers in the region. Our team is excited about the significant growth opportunities in South Asia to sell our award-winning equipment, automation and consumables product lines,” Shyam P. Kambeyanda, ESAB Corporation President and CEO.