Kadant completes acquisition of Clyde Industries for $175M cash

KADANT INC

Purchase price $175M in cash, financed through Kadant's revolving credit facility.
Clyde Industries provides boiler efficiency solutions; ~400 employees; FY2025 revenue $92M.
Acquisition integrated into Kadant's Industrial Processing segment.
Founded in 1924, headquartered in Atlanta, with operations in Brazil, China, Indonesia, Finland, Canada.

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