ESAB Announces Distribution Agreement With INFRA Group

Rhea-AI Summary

ESAB has announced a new distribution agreement with INFRA Group to expand the availability of its welding and gas control equipment in Mexico. This strategic partnership aims to accelerate growth in ESAB's Americas business by leveraging INFRA's extensive market reach.

INFRA, a leading provider of industrial and medical gases and welding products in Mexico, will distribute ESAB's innovative equipment, including the award-winning Renegade VOLT™, and products from the Rogue™, Rustler™, and Arcair™ lines. This agreement is expected to enhance service levels, create new sales opportunities, and drive future growth in Mexico.

Positive

• ESAB's partnership with INFRA Group expands market reach in Mexico.
• INFRA's distribution of ESAB's award-winning products expected to enhance service levels.
• Increased sales opportunities for ESAB’s equipment like Renegade VOLT™, Rogue™, Rustler™, and Arcair™.
• Potential acceleration of ESAB's growth in the Americas business.
• INFRA’s extensive market presence in industrial and medical gases strengthens ESAB's positioning.

Negative

• No specific financial terms of the agreement disclosed, creating uncertainty about immediate financial impact.
• Expansion into a new market like Mexico carries inherent risks, including local competition and market acceptance.

NORTH BETHESDA, Md.--(BUSINESS WIRE)-- ESAB Corporation, a focused premier industrial compounder, today announced that it has entered into a distribution agreement with INFRA Group to expand the availability of ESAB’s differentiated solutions by offering its welding and gas control equipment to customers in Mexico. Founded in 1919, INFRA Group is a leading Mexican provider for industrial and medical gases, welding machines and a diverse range of welding products.

“We are thrilled to enter this agreement with an established distributor like INFRA which provides us an opportunity to further accelerate growth in our Americas business,” said Olivier Biebuyck, President, Fabrication Technology, ESAB Corporation. “Working with INFRA enables ESAB to expand our customer base in Mexico, enhance our service levels and create new opportunities to sell our award-winning equipment range. Together, ESAB and INFRA are excited to drive future growth in Mexico by providing best-in-class service and innovative solutions to our customers.”

INFRA Group will have access to ESAB’s innovative products that provide enhanced performance, portability, reliability, and user-friendly operation, including the award-winning, battery-powered Renegade VOLT™ as well as equipment from its leading Rogue™, Rustler™ and Arcair™ product lines. ESAB’s high-tech array of solutions will further differentiate INFRA with its customers.

About INFRA

Founded in 1919, in Mexico, INFRA Group is actively engaged in the production, sales, and distribution of industrial and medical gases, cryogenic, high purity and specialty gases, cryogenic tanks, welding and cutting machines, personal protective equipment (PPE) and a diverse range of welding products. The group employs approximately 5,000 associates throughout the country. To learn more, visit https://www.grupoinfra.com/.

About ESAB Corporation

Founded in 1904, ESAB Corporation is a focused premier industrial compounder. The Company’s rich history of innovative products, workflow solutions and its business system ESAB Business Excellence (“EBX”), enables the Company’s purpose of Shaping the world we imagine.^TM ESAB Corporation is based in North Bethesda, Maryland and employs approximately 9,000 associates and serves customers in approximately 150 countries. To learn more, visit www.ESABcorporation.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240604088653/en/

Investor Relations Contact:

Mark Barbalato

Vice President, Investor Relations

E-mail: investorrelations@esab.com

Phone: 1-301-323-9098

Media Contact:

Tilea Coleman

Vice President, Corporate Communications

E-mail: mediarelations@esab.com

Phone: 1-301-323-9092

Source: ESAB Corporation

FAQ

What is the significance of ESAB's distribution agreement with INFRA Group?

The agreement aims to expand ESAB’s market reach in Mexico, enhance service levels, and create new sales opportunities for its welding and gas control equipment.

Which products will INFRA distribute under the new agreement with ESAB?

INFRA will distribute ESAB’s Renegade VOLT™, Rogue™, Rustler™, and Arcair™ product lines.

How will the ESAB-INFRA agreement impact ESAB's business in the Americas?

The agreement is expected to accelerate ESAB's growth in the Americas by expanding its customer base and enhancing service levels in Mexico.

Who is INFRA Group?

Founded in 1919, INFRA Group is a leading Mexican provider of industrial and medical gases, welding machines, and a diverse range of welding products.

What are the potential risks of ESAB's expansion into the Mexican market?

Potential risks include local competition, market acceptance, and the absence of disclosed financial terms which adds uncertainty about the immediate financial impact.