Kadant acquires Unaflex for $31M

Kadant Inc. completed the acquisition of certain assets of Unaflex, LLC, a manufacturer of expansion joints for process industries, for $31 million in cash. Unaflex has about 140 employees and 2016 revenue of $18 million.

“Our acquisition of the Unaflex business, a leader in the design and manufacture of elastomeric, metal, and fabric expansion joints, will broaden our product portfolio.”investor.kadant.com

• 1 source
• investor.kadant.comKadant Acquires a Leading Expansion Joint ManufacturerAug 14, 2017

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