Kadant acquires Dynamic Sealing Technologies for $55M cash, expands Flow Control segment

KADANT INC

Deal closed May 31, 2024, for $55M cash, funded via Kadant's revolving credit facility.
DSTI had ~$25M revenue (TTM Mar 31, 2024) and ~90 employees; becomes part of Kadant's Flow Control segment.
DSTI specializes in fluid rotary unions, electrical slip rings for defense, energy, medical, and factory automation.
Acquisition extends Kadant's presence in adjacent industries; conference call/webcast on June 4, 2024 at 11 a.m. ET.

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