)
Company Research15 Apr 2024
The Industrial Machinery, Supplies, and Components Industry
Explore the industrial machinery industry's growth, driven by technology, sustainability, and digital transformation, impacting global economic development.
Kadant (KAI) investor relations material
Kadant M&A Announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.M&A Announcement summary9 Oct, 2025
Deal rationale and strategic fit
Acquisition targets a market leader in boiler efficiency and cleaning systems, expanding industrial processing offerings and supporting growth strategy.
Technology aligns with sustainability and energy-saving initiatives, offering significant energy and CO2 savings.
Clyde Industries' technologies complement and broaden the product portfolio, enhancing sustainability initiatives.
Integration of capabilities aims to provide comprehensive solutions for energy, pulp and paper, and general industry sectors.
75% of revenue is aftermarket, providing a recurring revenue stream and strong financials.
Financial terms and conditions
Purchase price was $175 million in cash, subject to customary adjustments.
Fiscal year revenue was $92 million with $21.4 million adjusted EBITDA, implying an EBITDA multiple of 8.2x, or just below 8x after tax benefits.
Acquisition funded primarily through revolving credit facility; leverage ratio expected to be about 1.5.
Transaction expected to be slightly dilutive to GAAP EPS in Q4 2025 but slightly accretive on an adjusted basis.
Strong recurring revenue and asset-light model support robust free cash flow generation.
Synergies and expected cost savings
No synergies modeled into acquisition returns; any realized synergies will be incremental.
Manufacturing footprint and best practices may offer future cost or operational efficiencies.
Potential for new market opportunities, especially in sugar beet and sugarcane sectors, but too early to quantify.
Justify the 1.9x revenue multiple for Clyde.
Quantify expected synergies from Clyde acquisition.
Assess impact of new debt on Kadant's leverage.
Clyde's long-term growth outlook?
Impact of intangibles on GAAP EPS?
Expected synergies from Clyde acquisition?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Kadant earnings date
Q3 202529 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Kadant Inc is a global supplier of engineered products and technologies primarily used in process industries. The company designs and manufactures systems and components for industries such as pulp and paper, packaging, and recycling. Its product offerings include fiber processing equipment, fluid handling systems, and material handling solutions, which help improve the efficiency, quality, and sustainability of manufacturing processes. Kadant’s technologies are also used in other sectors like textiles and food processing, where they support production optimization and resource conservation. The company is headquartered in Westford, Massachusetts, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage