Kadant Inc (NYSE:KAI)
$ 279.02 -0.11 (-0.04%) Market Cap: 3.28 Bil Enterprise Value: 3.51 Bil PE Ratio: 29.06 PB Ratio: 4.19 GF Score: 87/100
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Kadant Inc Acquire German Blade Manufacturer Joh Clouth M&A Call Transcript

Jun 17, 2021 / 05:00PM GMT
Release Date Price: $171.55 (-0.92%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Kadant Inc. acquisition of Joh. Clouth conference call. (Operator Instructions) I would now like to turn the conference over to your host, Mr. Michael McKenney, Executive Vice President and Chief Financial Officer. Please go ahead.

Michael J. McKenney
Kadant Inc. - Executive VP & CFO

Thank you, Alexander. Good afternoon, everyone, and welcome to Kadant's conference call to discuss its pending acquisition of Clouth Group of Companies. With me on the call today is Jeff Powell, our President and Chief Executive Officer.

Before we begin, let me read our safe harbor statement. Various remarks that we may make today about Kadant's future plans and expectations, including the expected benefits of the proposed acquisition of Clouth and the related timing considerations, are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to known and unknown risks and

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