Kadant Inc. (NYSE:KAI) acquired Clyde Industries Holdings, Inc. for approximately $180 million on October 7, 2025. A cash consideration of $175 million will be paid by Kadant Inc. towards common equity of Clyde Industries Holdings, Inc. The purchase price is subject to customary adjustments. The transaction will be primarily financed through borrowings under Kadant's revolving credit facility. Following the transaction, Clyde Industries will become part of Kadant?s Industrial Processing reporting segment.
For the period ending February 28, 2025, Clyde Industries Holdings, Inc. reported total revenue of $92 million. Clyde Industries has approximately 400 employees.
Kadant Inc. (NYSE:KAI) completed the acquisition of Clyde Industries Holdings, Inc. on October 7, 2025.
Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. Its segments include Flow Control, Industrial Processing, and Material Handling. Flow Control segment includes rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. Industrial Processing segment includes equipment, machinery, and technologies used to process recycled paper and timber for the packaging, tissue, wood products and alternative fuel industries, among others. It provides industrial automation and digitization solutions to process industries. Material Handling segment products include conveying and vibratory equipment and balers. It manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption. It also offers engineered fluid sealing and transfer solutions for rotating applications.
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