ESAB to acquire Linde Industries.

ESAB, an American-Swedish industrial company, agreed to acquire Linde Industries, a welding consumables and equipment market in Bangladesh. 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 President and CEO.