Founded in 1904, ESAB Corporation is a leading global fabricator providing welding, cutting, gas control equipment, robotics, and digital solutions. The company has shown steady revenue growth driven by organic expansion and acquisitions, with 80% of sales generated internationally across two main reportable segments: Americas and EMEA & APAC. While ESAB’s application of its continuous improvement system EBXai supports operational efficiency, the mature and cyclical industrial markets it serves pose demand risks. The company's growth outlook remains supported by exposure to high-growth emerging markets and continued acquisition activity, yet constrained by geopolitical risks, raw material price volatility, and financial leverage concerns.