Esab Welding and Cutting has acquired Arc Machines Inc. (AMI), a maker of tungsten inert gas welding tools, from Marwit Capital. Financial terms of the deal were not disclosed.
AMI makes a variety of automated orbital welding equipment. The target’s portfolio of power supplies are made for all types of welding, including: fusion welding, groove welding, pipe welding, diameter welding, tube-to-tubesheet welding and other integrated systems. AMI has more than 3,000 client relationships across the power generation, semiconductor, oil and gas, aerospace and defense, pharmaceutical, food and beverage, and industrial construction sectors.