Previan Technologies to sell Eddyfi Technologies to ESAB Corporation

On January 31, 2026, Previan Technologies Inc. (“Previan”) entered into a definitive agreement pursuant to which Eddyfi Technologies (“Eddyfi”) will be acquired by ESAB Corporation for a consideration of US$1.45 billion, or approximately C$2.0 billion. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close later in 2026. Following closing, Eddyfi is expected to operate as part of ESAB Corporation.

Eddyfi is headquartered in Québec City, Canada, and develops and manufactures advanced non‑destructive testing, inspection, monitoring, robotics, and software technologies used to assess the integrity of critical assets across a range of industrial sectors.

ESAB Corporation is a US‑based industrial company headquartered in Maryland, with operations in fabrication and workflow technologies.

McCarthy Tétrault LLP advised Previan with a team led by Karl Tabbakh, Charles‑Antoine Soulière and Louis‑Charles Filiatrault that included Guillaume Giguère, Robyn Finley, Charles Morin and Samantha Morel (Corporate), Marie‑Soleil Landry, Mike Dolson and Joannie Marcoux (Tax), Dominic Thérien, Erin Keogh and Benjamin Brown (Competition/Antitrust & Foreign Investment), Eugen Miscoi (Privacy), Gajan Sathananthan (Trade), Eve Tessier (Financial Services), and Francis L. Racine (Labour & Employment).