Kadant Acquires Balemaster for $54M

Kadant Inc. Acquires KWS Manufacturing Company, Ltd.

January 24, 2024

Manufacturing

Kadant Inc. completed the acquisition of KWS Manufacturing Company, Ltd. for approximately $84 million in cash, financed primarily through borrowings under Kadant's revolving credit facility. KWS, based in Burleson, Texas, is a manufacturer of screw conveyors, screw feeders, slide gates, and bucket elevators serving food, chemical, and wood process industries; it has about 165 employees and reported $45 million in trailing twelve‑month revenue. The business will join Kadant's Material Handling reporting segment to expand product portfolios and internal capabilities.

Kadant Inc. Acquires Key Knife, Inc.

December 28, 2023

Manufacturing

Kadant Inc. has agreed to acquire Key Knife, Inc. and certain affiliates for approximately $156 million in cash, with the deal expected to close in early January 2024. Key Knife, headquartered in Tualatin, Oregon, (141 employees, ~$65M trailing twelve-month revenue) will become part of Kadant's Industrial Processing segment; the acquisition will be financed primarily through borrowings under Kadant's revolving credit facility.

Komar Industries Acquires Maren Engineering Corporation

February 3, 2023

Manufacturing

Komar Industries, a Groveport, Ohio-based designer and manufacturer of industrial waste and recycling processing systems, has acquired Maren Engineering Corporation, a South Holland, Illinois-based baler and shredder equipment manufacturer. Maren's existing leadership (including owner Todd Wondrow) will remain shareholders and the companies plan to leverage combined engineering and technology capabilities to expand product offerings and innovation in the waste and recycling market.

Komar Industries Acquires BACE, LLC

December 2, 2021

Manufacturing

Komar Industries, a Groveport, Ohio-based designer and manufacturer of industrial waste and recycling processing systems, has acquired Charlotte-based BACE, LLC, a manufacturer and national service provider of balers and compactors. The acquisition expands Komar's product portfolio and aftermarket service capabilities while keeping BACE's existing leadership team in place as shareholders.

Kadant Inc. Acquires Cogent Industrial Technologies

July 28, 2020

Industrial Services

Kadant Inc. completed the acquisition of Cogent Industrial Technologies Ltd., a British Columbia–based industrial automation and controls systems integrator. The deal expands Kadant's industrial automation, controls and digital/Industry 4.0 capabilities to offer more integrated, data-connected solutions to process-industry customers.

Kadant Acquires Syntron Material Handling from Levine Leichtman Capital Partners

January 8, 2019

Manufacturing

Kadant Inc. completed the acquisition of Syntron Material Handling Group, LLC from Levine Leichtman Capital Partners. Syntron, based in Tupelo, Mississippi, is a designer and manufacturer of vibratory and conveying equipment serving end markets such as mining, aggregates, and food processing; Kadant said the deal expands its material-handling capabilities and commercial footprint.