Kadant Inc. Acquires Key Knife, Inc.
December 28, 2023
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.
- Buyers
- Kadant Inc.
- Targets
- Key Knife, Inc.
- Industry
- Manufacturing
- Location
- Oregon, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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 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 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.
-
Keypoint Intelligence Acquires Karstedt Partners, LLC
September 20, 2022
Professional Services
Keypoint Intelligence has acquired Karstedt Partners, LLC, a packaging supply-chain and digital package printing consultancy based in Eden, New York. The acquisition will accelerate Keypoint Intelligence's product development and expand its research, consulting and market-insight capabilities across the packaging, labels and digital printing markets.
-
Live Ventures (via Precision Marshall) Acquires The Kinetic Co., Inc.
June 30, 2022
Manufacturing
Live Ventures Incorporated (Nasdaq: LIVE), through its subsidiary Precision Marshall, acquired all outstanding stock of The Kinetic Co., Inc., a 74-year-old industrial knife and wear-product manufacturer based in Greendale, Wisconsin, in a transaction valued at approximately $26 million. The deal was financed with a mix of third-party bank and seller debt, a sale-leaseback of real estate, and cash; Kinetic (≈100 employees) will operate as a standalone business and is expected to add roughly $20 million of annual revenue to Live Ventures' steel manufacturing segment.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.