Previan Technologies sells Eddyfi Technologies to ESAB Corporation

On June 2, 2026, Previan Technologies Inc. (“Previan”) completed the sale of Eddyfi Technologies (“Eddyfi”) to ESAB Corporation for US$1.45 billion, or approximately C$2.0 billion. Following closing, Eddyfi forms a dedicated inspection and monitoring business unit within ESAB, retaining its existing leadership, headquarters and workforce in Québec City.

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 Charles‑Antoine Soulière, Louis‑Charles Filiatrault, Karl Tabbakh and Dominic Therien that included Robyn Finley, Philippe April, Charles Morin, Samantha Morel, Tiago Batista-Lemos (Corporate), Marie-Soleil Landry, Mike Dolson, Joannie Marcoux (Tax), Benjamin Brown, Erin Keogh (Competition/Antitrust & Foreign Investment), Eugen Miscoi (Privacy), Gajan Sathananthan (Trade) Eve Tessier (Financial Services), and Francis L. Racine (Labour & Employment).