![]() Migatronic Migatronic is a company that develops intelligent technology for manual welding and automated solutions. | ![]() Ador Welding Ador Welding (formerly known as Advani–Oerlikon) is an industrial welding equipment company. | Shenzhen Riland Industry Shenzhen Riland Industry Group (深圳市瑞凌实业集团股份有限公司) is a developer and manufacturer of welding equipment. | ![]() The ESAB Group The ESAB Group is a company specializing in welding and cutting equipment and consumables. | ||
Founding Date | Founding Date 1970 | Founding Date 1951 | Founding Date 2003 | Founding Date 1923 | Founding Date 1984 |
Type | Type Subsidiary | Type Public | Type Public | Type Public | Type Subsidiary |
Tags | |||||
Locations | Locations Fjerritslev, DK HQ Loughborough, GB | Locations Shenzhen, CN HQ | Locations Saint-Vallier, FR HQ | Locations Annapolis Junction, US HQ Denton, US Hanover, US North Bethesda, US | |
Employees | Employees 214 | Employees 853 | Employees 1,45611% increase | Employees 120 | Employees 400 |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 435.6 m | Valuation ($) 17.7 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) kr288.1m (FY, 2020) | Revenue (est.) ₹11.2b (FY, 2025) | Revenue (est.) ¥867.6m (FY, 2025) | Revenue (est.) €44.2m (FY, 2022) | Revenue (est.) N/A |
Cost of goods | Cost of goods kr125m (FY, 2020) | Cost of goods ₹7.4b (FY, 2025) | Cost of goods ¥687.7m (FY, 2025) | Cost of goods €20.9m (FY, 2022) | Cost of goods N/A |
Gross profit | Gross profit kr171.9m (FY, 2020) | Gross profit ₹3.9b (FY, 2025) | Gross profit ¥198.2m (FY, 2025) | Gross profit €25.1m (FY, 2022) | Gross profit N/A |
Net income | Net income (kr5m) (FY, 2020) | Net income ₹600.5m (FY, 2025) | Net income ¥98.4m (FY, 2025) | Net income €43k (FY, 2022) | Net income N/A |

Ador Welding (formerly known as Advani–Oerlikon) is an industrial welding equipment company.
View companyShenzhen Riland Industry Group (深圳市瑞凌实业集团股份有限公司) is a developer and manufacturer of welding equipment.
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METALLIANCE is a company that manufactures industrial equipment and mobile machinery.
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The ESAB Group is a company specializing in welding and cutting equipment and consumables.
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