---
schema_version: "secwatch.filing_event.v1"
accession: "0000886346-21-000121"
form_type: "8-K"
ticker: "KAI"
cik: "0000886346"
company_name: "KADANT INC"
filed_at: "2021-08-23T23:59:59+00:00"
generated_at: "2026-06-29T08:32:38.036885+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kadant acquires Balemaster for $54M in cash; expands secondary material processing

## Summary
- Acquisition price $54M cash, subject to customary adjustments.
- Balemaster trailing 12-month revenue ~$22M as of June 30, 2021.
- Balemaster manufactures horizontal balers for recycling packaging waste; joins Kadant's Material Handling segment.
- Acquisition leverages Kadant's high-performance balers produced in Europe, expanding U.S. market presence.
- Conference call and webcast to discuss transaction scheduled for August 24, 2021.

## SEC filing metadata
- accession: 0000886346-21-000121
- form_type: 8-K
- ticker: KAI
- cik: 0000886346
- company_name: KADANT INC
- filed_at: 2021-08-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886346/000088634621000121/0000886346-21-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886346/000088634621000121/kai-20210823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886346-21-000121
- JSON: https://secwatch.observer/filing/0000886346-21-000121.json
- Plain text: https://secwatch.observer/filing/0000886346-21-000121.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.