Kadant Inc. Acquires KWS Manufacturing Company, Ltd.

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 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 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.

KB Components Acquires QT Industries (QT Manufacturing)

November 30, 2023

Manufacturing

Sweden-based KB Components has acquired QT Industries, LLC (dba QT Manufacturing), a Dallas-area contract manufacturer specializing in plastic injection molding and precision CNC machining. The acquisition expands KB Components' North American footprint and strengthens its presence in the Dallas/Fort Worth region.

HKW Acquires Handling Systems and Conveyors, Inc.

February 19, 2026

Industrial Services

Middle-market private equity firm HKW has acquired Handling Systems and Conveyors, Inc. (HSC), a vertically integrated designer, manufacturer, installer and service provider of cranes, hoists, conveyors and tooling solutions. HKW said it will support HSC’s growth by expanding service penetration, investing in new geographic locations and pursuing strategic add-on acquisitions; financial terms were not disclosed.