KADANT INC 8-K

What Happened

• On January 29, 2026, Kadant Holdings GmbH (a subsidiary of Kadant Inc.) entered into a Share Purchase and Transfer Agreement to acquire the shares of voestalpine BÖHLER Profil GmbH & Co KG and voestalpine BÖHLER Profil VerwaltungsGmbH from voestalpine High Performance Metals GmbH for approximately €157.0 million in cash (subject to customary adjustments).
• The acquisition is expected to close in the first quarter of 2026, is subject to certain Austrian regulatory approvals and customary closing conditions, and contains no financing condition. Upon closing, the business will join Kadant’s Industrial Processing reporting segment and be renamed Kadant Profil GmbH & Co KG.

Key Details

• Purchase price: ~€157.0 million in cash (subject to customary post-closing adjustments).
• Expected close: Q1 2026; termination right if not consummated by September 30, 2026.
• Target business: provider of tailor-made special profiles and high‑performance industrial knives, specializing in near‑net‑shape rolling for demanding industrial applications.
• Other items: customary reps, warranties, covenants, indemnities, confidentiality, and seller non‑compete/non‑solicit provisions; a press release was furnished and a webcast/earnings call is scheduled Feb 3, 2026 at 11:00 a.m. ET with an investor presentation to be filed.

Why It Matters

• The deal adds a specialist in high‑precision profiles and industrial knives to Kadant’s Industrial Processing segment, potentially expanding Kadant’s product offerings and capabilities in niche, high‑performance markets.
• The ~€157M cash consideration and lack of a financing condition are material facts for shareholders; closing still depends on regulatory approval and customary closing conditions.
• Investors should watch for further disclosures (including the definitive acquisition agreement exhibit in Kadant’s Form 10‑K and any financial impact in upcoming filings) for details on expected revenues, costs, and integration plans.