AcquisitionsApr 30, 2026, 08:33 AM
KAI Completes voestalpine BÖHLER Profil Acquisition for €157M
AI Summary
Kadant Inc. has completed its previously announced acquisition of voestalpine BÖHLER Profil GmbH & Co KG and voestalpine BÖHLER Profil VerwaltungsGmbH for approximately 157.0 million euros in cash. The acquired companies have been renamed Kadant Profil and will operate within Kadant’s Industrial Processing reporting segment. This acquisition, financed primarily through Kadant's revolving credit facility, is expected to enhance Kadant's capabilities in customized rolled profiles and industrial knife solutions, leveraging Kadant Profil's patented processes and R&D expertise.
Key Highlights
- KAI completed the acquisition of voestalpine BÖHLER Profil for approximately 157.0 million euros in cash.
- The acquired entities were renamed Kadant Profil GmbH & Co KG and Kadant Profil Verwaltungs GmbH.
- The acquisition was primarily financed through borrowings under Kadant's revolving credit facility.
- Kadant Profil, founded in 1872, manufactures customized rolled profiles and industrial knife solutions.
- Kadant Profil will operate in Bruckbach, Austria, as part of Kadant’s Industrial Processing segment.
- The acquisition is expected to expand Kadant's access to new markets and strengthen innovation.
Price Impact
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