# 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.

- Type: Acquisition
- Announced: 2017-08-14
- Where: South Carolina, United States
- Value: $31.0M
- Status: completed
- Products: expansion joints, compensators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kadant](https://endata.com/companies/7374.md) (acquirer)
- [Unaflex](https://endata.com/companies/26248.md) (target)

## Sources

- [investor.kadant.com](https://investor.kadant.com/news-releases/news-release-details/kadant-acquires-leading-expansion-joint-manufacturer), 2017-08-14: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.