Kadant Inc. Acquires KWS Manufacturing Company, Ltd.

Kadant Acquires Dynamic Sealing Technologies

June 3, 2024

Manufacturing

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.

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.

Kadant Acquires Balemaster for $54M

August 23, 2021

Manufacturing

Kadant Inc. completed the acquisition of Balemaster, a U.S. manufacturer of horizontal balers and related recycling equipment, for $54 million in cash. The deal expands Kadant's presence in the secondary material processing sector and adds Balemaster's strong aftermarket business to Kadant's Material Handling segment.

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.

Actuant Acquires Kwikee Products Company

June 16, 2014

Manufacturing

Actuant Corporation (NYSE:ATU) has acquired Kwikee Products Company, a Cottage Grove, Oregon-based maker of actuation and storage systems for the North American recreational vehicle market, in an asset purchase valued at approximately $30 million. Kwikee, which employs about 115 people across Oregon and Indiana and generated roughly $24 million trailing twelve-month sales, will operate within Actuant's Engineered Solutions segment and be combined with Actuant's Power Gear business to capture product and customer synergies.