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Kadant to Acquire German Blade Manufacturer Joh. Clouth

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Clouth is a leading manufacturer of doctor blades and related equipment used in the production of paper, packaging, and tissue. June 17, 2021 Kadant Inc. has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG, and its affiliates for approximately EUR 78 million in cash, subject......