Colfax's Acquisition of Victor Technologies Complete
ESAB has announced that Colfax Corporation has completed the previously announced acquisition of Victor Technologies Holdings, Inc. Victor is a preeminent global manufacturer of cutting, gas control and specialty welding solutions with many strong brands that are well-recognized around the globe.
The acquisition complements the geographic footprint of ESAB, as well as expands ESAB's product portfolio into new segments and applications. It brings together two leading organizations with world-class products, technologies and R&D.
Ken Konopa, Senior Vice President of Marketing and Engineering for ESAB, commented, “The products, technology and expertise Victor brings to our portfolio, when combined with ESAB’s solutions, strengthens our value to customers globally. It is an exciting combination and an excellent strategic fit. We anticipate a seamless integration experience for our customers, channel partners and associates.”