![]() Inductotherm Korea Inductotherm Korea is a company that develops and manufactures industrial equipment. | ![]() The ESAB Group The ESAB Group is a company specializing in welding and cutting equipment and consumables. | ![]() Hugong Shanghai Hugong Electric Group (上海沪工焊接集团股份有限公司) is a company that manufactures and sells welding and cutting equipment. | ![]() Migatronic Migatronic is a company that develops intelligent technology for manual welding and automated solutions. | ||
Founding Date | Founding Date 1985 | Founding Date 1984 | Founding Date 1958 | Founding Date 1923 | Founding Date 1970 |
Type | Type Subsidiary | Type Subsidiary | Type Public | Type Public | Type Subsidiary |
Tags | |||||
Locations | Locations Goryeong-gun, KR HQ | Locations Annapolis Junction, US HQ Denton, US Hanover, US North Bethesda, US | Locations Shanghai, CN HQ | Locations Saint-Vallier, FR HQ | Locations Fjerritslev, DK HQ Loughborough, GB |
Employees | Employees 56 | Employees 400 | Employees 1,169 | Employees 120 | Employees 214 |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 796.8 m | Valuation ($) 17.7 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) ₩19.6b (FY, 2022) | Revenue (est.) N/A | Revenue (est.) ¥1.1b (FY, 2024) | Revenue (est.) €44.2m (FY, 2022) | Revenue (est.) kr288.1m (FY, 2020) |
Cost of goods | Cost of goods ₩15b (FY, 2022) | Cost of goods N/A | Cost of goods ¥887.4m (FY, 2024) | Cost of goods €20.9m (FY, 2022) | Cost of goods kr125m (FY, 2020) |
Gross profit | Gross profit ₩4.6b (FY, 2022) | Gross profit N/A | Gross profit ¥183.6m (FY, 2024) | Gross profit €25.1m (FY, 2022) | Gross profit kr171.9m (FY, 2020) |
Net income | Net income ₩1.9b (FY, 2022) | Net income N/A | Net income ¥15.8m (FY, 2024) | Net income €43k (FY, 2022) | Net income (kr5m) (FY, 2020) |

The ESAB Group is a company specializing in welding and cutting equipment and consumables.
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Shanghai Hugong Electric Group (上海沪工焊接集团股份有限公司) is a company that manufactures and sells welding and cutting equipment.
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METALLIANCE is a company that manufactures industrial equipment and mobile machinery.
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Migatronic is a company that develops intelligent technology for manual welding and automated solutions.
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