Kadant Acquires Clyde Industries

WESTFORD, Mass., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it has completed the acquisition of Clyde Industries Holdings, Inc. and affiliates (“Clyde Industries”) for $175 million in cash, subject to customary adjustments. The acquisition was primarily financed through borrowings under Kadant's revolving credit facility.

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