ESAB India
#5754
Rank
$838.94M
Marketcap
India
Country
Mr. Rohit Gambhir (MD & Exec. Director)
Mr. B. Mohan (CFO & VP of Fin.)
Mr. G. Balaji (Company Sec. & Compliance Officer)
Summary
History
The company was founded by Oscar Kjellberg. In 1904 he pioneered the development of manual metal arc welding electrodes in Gothenburg, Sweden. The company sells equipment used in welding and cutting.
Other notable CEO was Lars Westerberg who ran ESAB for three years.
The ESAB was acquired by Charter International in 1994.
The ESAB group was acquired by Colfax Corporation on 13 January 2012.
Following the purchase, the CEO of Colfax, Clay Kiefaber, stepped down to the president role of ESAB and was replaced by Steve Simms.
The ESAB group acquired the Welding Wire business of Sandvik effective February 1, 2018. The acquisition included production units in Scranton, PA, and Sandviken, Sweden; the technical sales and product management organization; as well as multiyear strategic collaboration on R&D for future product developments.ESAB became a publicly traded, independent company under ESAB Corporation on April 5, 2022 following the spin-off from Colfax. Shyam Kambeyanda was appointed President and Chief Executive Officer of the new corporation. On October 17, 2022, ESAB Corporation announced the acquisition of Ohio Medical, a global leader in oxygen regulators and central gas systems for the healthcare industry.
Mission
Vision
Key Team
Mr. Jagannathan Palle Venkata (VP of Operations)
Mr. Jaimon Antony (Gen. Mang. Of Human Resource)
V. Parthasarathy (Head of Sourcing)
Debobroto Banerjee (VP - M & A and Special Projects)
Vilas Tank (Deputy Gen. Mang. - ESD)
Narula Anil Kumar (Deputy Gen. Mang. of Sales (Welding Consumables))
Biswadeep Banerjee (Deputy Gen. Mang. of Equipment Sales & After Market)
Recognition and Awards
References
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Mr. Rohit Gambhir (MD & Exec. Director)
Mr. B. Mohan (CFO & VP of Fin.)
Mr. G. Balaji (Company Sec. & Compliance Officer)