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2017 August

Kadant Acquires a Leading Expansion Joint Manufacturer

August 14, 2017

Source: Wes Martz Department: Kadant Phone: (269) 278-1715 Email: wes.martz@kadant.com WESTFORD, Mass.–(BUSINESS WIRE)–Aug. 14, 2017– Kadant Inc. (NYSE: KAI) announced today the completion of its acquisition of certain assets of Unaflex, LLC for $31 million in cash, subject to a post-closing adjustment. Unaflex is a leading manufacturer of expansion joints and related products for process …

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Kadant Inc. Acquires Unaflex LLC for $31 Million

August 14, 2017

Chicago, Illinois – August 14, 2017; City Capital Advisors, a Chicago-based middle market investment bank, is pleased to announce that it acted as exclusive financial advisor to Unaflex, LLC in the sale of certain of its assets to Kadant Inc. for $31 million in cash, subject to a post-closing adjustment. “Our acquisition of the Unaflex …

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