Kadant Acquires Dynamic Sealing Technologies
June 3, 2024
Kadant Inc. has completed the acquisition of Dynamic Sealing Technologies LLC (DSTI) for approximately $55 million in cash. DSTI, a manufacturer of fluid rotary unions and electrical slip rings based in Andover, Minnesota (approximately 90 employees and ~$25M trailing twelve-month revenue), will join Kadant's Flow Control segment to expand its engineered fluid sealing and transfer capabilities and extend presence into adjacent end markets.
- Buyers
- Kadant Inc.
- Targets
- Dynamic Sealing Technologies LLC
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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