Kadant taps revolver to acquire KWS Manufacturing for $84 million

By Wendy Van Sickle

Columbus, Ohio, Jan. 24 – Kadant Inc. used borrowings under its revolving credit facility to finance its acquisition of KWS Manufacturing Co., Ltd. for $84 million in cash, according to a press release.

Kadant makes components and engineered systems used in process industries and is based in Westford, Mass. KWS is a leading manufacturer of conveying equipment for the bulk material handling industry that is based in Burleson, Tex.

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