Kadant Inc. ntered into a Share Purchase and Transfer Agreement to acquire Voestalpine BÖHLER Profil GmbH from voestalpine High Performance Metals GmbH.
Kadant Inc. (NYSE:KAI) entered into a share purchase and transfer agreement to acquire Voestalpine BÖHLER Profil GmbH from voestalpine High Performance Metals GmbH on January 29, 2026. The transaction will be financed primarily through borrowings under Kadant?s revolving credit facility. The parties' obligations to consummate the Acquisition are subject to certain Austrian regulatory approvals and the satisfaction of certain customary closing conditions.
Voestalpine BÖHLER Profil GmbH reported revenue of ?51.5 million for period ending March 31, 2025. The business will be named Kadant Profil GmbH & Co KG upon closing. Transaction is expected to close in the first quarter of 2026.
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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Kadant Inc. ntered into a Share Purchase and Transfer Agreement to acquire Voestalpine BÖHLER Profil GmbH from voestalpine High Performance Metals GmbH.