Kadant Inc. Acquires Clyde Industries for $175 Million

By Greg Peters • Wednesday, October 08 10:20 • Permanent Link

Kadant Inc. (NYSE: KAI) has successfully acquired Clyde Industries Holdings, Inc. and its affiliates for a total of $175 million in cash. Clyde Industries, a company renowned for its highly engineered boiler efficiency and cleaning system technologies, operates in critical industrial markets such as energy, pulp and paper, and general industry. With approximately 400 employees and headquarters in Atlanta, Georgia, Clyde Industries reported revenue of $92 million for the fiscal year ended February 28, 2025.

Following the acquisition, Clyde Industries will be integrated into Kadant’s industrial processing reporting segment. Jeffrey L. Powell, President and CEO of Kadant, expressed enthusiasm about the acquisition, highlighting the alignment of Clyde Industries' commitment to sustainable industrial processing with Kadant's strategic goals. Similarly, Brent Beachy, CEO of Clyde Industries, expressed pride in becoming part of a global industrial leader and anticipated growth opportunities for the team and customers.

Kadant will be hosting a conference call and webcast on October 9, 2025, at 11:00 a.m. Eastern Time to discuss the acquisition. Interested participants can register for the live question and answer session via the company's website.

This acquisition represents a significant expansion for Kadant, a global supplier of technologies and engineered systems that drive sustainable industrial processing. With approximately 3,900 employees in 22 countries, Kadant is headquartered in Westford, Massachusetts. The market has reacted to these announcements by moving the company's shares -2.35% to a price of $298.03. For more information, read the company's full 8-K submission here.

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