Kadant completed the acquisition of KWS Manufacturing Co., a manufacturer of conveying equipment for the bulk material handling industry, in a deal worth $84 million.
According to Kadant, KWS manufactures screw conveyors, screw feeders, slide gates, and bucket elevators for process industries. KWS is located in Burleson, Texas, with about 165 employees.
“We are pleased to welcome our colleagues from KWS to the Kadant family,” says Jeffrey Powell, president and CEO of Kadant. “Our acquisition of KWS expands our respective product portfolios and enhances our internal capabilities. With our shared focus on bringing highly engineered customer solutions to process industries and our past successes working together, we believe KWS is an excellent fit with Kadant.”
Adds William Mecke, president of KWS: “We are proud of the leading position KWS has established in the screw conveyor market. Our reputation for quality products and excellent service fits well with Kadant’s culture and values. We look forward to being a part of Kadant and leveraging opportunities to increase value for our customers and other stakeholders.”
