Brief: Kadant To Acquire German Blade Manufacturer Joh. Clouth

Kadant

17/06/2021 13:57

June 17 (Reuters) - Kadant Inc  KAI.N :
    * KADANT TO ACQUIRE GERMAN BLADE MANUFACTURER JOH. CLOUTH
    * KADANT INC - TO ACQUIRE JOH. CLOUTH GMBH & CO. KG AND ITS
AFFILIATES FOR ABOUT 78 MILLION EUROS IN CASH
    * KADANT INC - CLOUTH WILL BECOME PART OF KADANT'S FLOW
CONTROL
REPORTING SEGMENT UPON CLOSING

Source text for Eikon:  ID:nGNXb9TXlL 
Further company coverage:  KAI.N 

 ((Reuters.Briefs@thomsonreuters.com;))