Kadant Completes $175 Million Acquisition of Clyde Industries to Expand Industrial Processing Portfolio

Kadant Inc., a global leader in sustainable industrial processing technologies, completed a $175 million acquisition of Clyde Industries Holdings, enhancing its Industrial Processing segment. Clyde Industries, with about 400 employees, is renowned for advanced boiler efficiency and cleaning system technologies, serving important sectors like energy, pulp and paper, and manufacturing worldwide. Headquartered in Atlanta, Georgia, Clyde operates facilities globally, including Brazil and China. The acquisition, largely financed through Kadant’s credit facility, is expected to strengthen Kadant's product offerings, broaden market reach, and foster innovation. This strategic move aligns with Kadant’s commitment to sustainability and advanced solutions for industrial customers, supporting continued growth and competitive advantage.