Kadant Inc. KAI has announced that it successfully completed the acquisition of Syntron Material Handling Group, LLC and certain associates (together referred below as Syntron) for $179 million in ...

Kadant Inc.KAI has signed a definitive agreement to acquire Syntron Material Handling Group, LLC and some of its affiliates (“Syntron”), for roughly $179 million in cash. Syntron is a renowned ...

The closing price on that day was $82.03. Syntron is based in Tupelo, MS, and is primarily engaged in manufacturing, and providing equipment and systems related to material handling.