Kadant Acquires Clyde Industries & Boosts Product Portfolio
Key Takeaways Kadant acquired Clyde Industries for 92M in annual revenues and 400 employees with operations across several countries.The deal strengthens KAI's Industrial Processing unit, which saw a 16.5% revenue drop in Q2 2025.Kadant Inc. (KAI) recently announced that it has closed the buyout of Clyde Industries Holdings, Inc. and its affiliates for about $175 million in cash. Kadant funded the transaction through borrowings under it ...