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Esab to acquire Sandvik Materials' welding wire operations

from Modern Machine Shop

Esab Welding & Cutting Products will acquire the welding wire operations of Sandvik Materials Technology. The deal includes production units in Sandviken, Sweden, and Scranton, Pennsylvania, as well as the global sales and product management organization. With the addition of Sandvik’s portfolio of solid welding wire and rods, flux-cored wire, stick electrodes, strip electrodes, flux, thermal spray wire and weld finishing chemical products, Esab will increase its ability to meet customer needs. Revenues for Sandvik’s welding wire business amounted to $55 million in 2016, and the business employs approximately 120 people. more

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