M&A Deal Summary

Kadant Acquires NII FPG - Forest Products Business

On May 30, 2017, Kadant acquired forest products company NII FPG - Forest Products Business from NII FPG for 173M USD

Acquisition Highlights
  • This is Kadant’s 1st transaction in the Forest Products sector.
  • This is Kadant’s largest (disclosed) transaction.
  • This is Kadant’s 1st transaction in the United States.

M&A Deal Summary

Date 2017-05-30
Target NII FPG - Forest Products Business
Sector Forest Products
Buyer(s) Kadant
Sellers(s) NII FPG
Deal Type Divestiture
Deal Value 173M USD

Target

NII FPG - Forest Products Business

United States
NII FPG Co. - Forest Products Business is a provider of sawmills for forest industry.

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Buyer(S) 1

Buyer

Kadant

Westford, Massachusetts, United States

website


Category Company
Founded 1991
Sector Machinery
Employees3,100
Revenue 905M USD (2022)
DESCRIPTION

Kadant is a provider of rotary sealing devices, precision unions, and steam handling systems to process industries. The Company’s systems division specializes in the engineering, design, and supply of steam systems, controls, and related equipment used to manage steam and condensate flow. Kadant was founded in 1991 and is based in Westford, Massachusetts.


DEAL STATS #
Overall 2 of 8
Sector (Forest Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 5
Year (2017) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-06 Carmanah Design & Manufacturing

Surrey, British Columbia, Canada

Carmanah Design and Manufacturing is the dominant global supplier of stranders and flakers, used in the production of oriented strand board, and is one of the leading suppliers of debarking equipment in North America.

Buy CA$54M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Syntron Material Handling

Saltillo, Mississippi, United States

Syntron Material Handling LLC is a manufacturer of a diversified product line of conveyor and vibratory equipment used to load, transport and feed bulk materials. Syntron Material Handling was formed in 2014 and is based in Saltillo, Mississippi.

Buy -

Seller(S) 1

SELLER

NII FPG

United States

Category Company
Sector Machinery
DESCRIPTION

NII FPG Co. is a designer and manufacturer of equipment used by sawmills, veneer mills, and other manufacturers in the forest products industry. The company also designs and manufactures harvesting equipment used in cutting, gathering, and removing timber from forest plantations.


DEAL STATS #
Overall 1 of 1
Sector (Forest Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1