Core Insights - Kadant Inc. (KAI) has completed the acquisition of Clyde Industries Holdings, Inc. for approximately $175 million in cash, funded through its revolving credit facility [1][8] - The acquisition is expected to enhance KAI's industrial processing offerings and strengthen its position in the pulp and paper, energy, and general industries [3][8] Company Overview - Clyde Industries, based in Atlanta, GA, specializes in boiler efficiency solutions for the pulp and paper industries, employing around 400 people and generating revenues of approximately $92 million for the fiscal year ending February 2025 [2][8] - The integration of Clyde Industries will be part of KAI's Industrial Processing segment, which has experienced a 16.5% year-over-year revenue decline to $95.9 million in Q2 2025 [3][8] Market Performance - Kadant has a market capitalization of $3.5 billion and currently holds a Zacks Rank 3 (Hold) [4] - Over the past three months, KAI's shares have decreased by 9.8%, while the industry has grown by 0.6% [5]