Kadant completes €157M acquisition of voestalpine BÖHLER Profil, renamed Kadant Profil

KADANT INC

Acquired voestalpine BÖHLER Profil for approximately €157M cash, financed via revolving credit facility.
Acquired business renamed Kadant Profil; operates in Kadant's Industrial Processing segment.
Kadant Profil manufactures customized rolled profiles and industrial knife solutions; founded 1872.
Kadant CEO cites alignment with strategic priorities and expanded market access for the combined business.
Acquisition closed April 30, 2026; seller was voestalpine High Performance Metals GmbH.

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