Kadant Inc. acquires Conveyors Plus Ltd.
November 29, 2022
On November 29, 2022, Kadant Inc. and its subsidiary, Syntron Material Handling, LLC, completed the acquisition of Conveyors Plus Ltd., a provider of belt alignment systems based in Ontario, Canada. Conveyors Plus’ patented Sure Align Tracker™ belt alignment system is designed for demanding applications found in various material handling sectors to address productivity and efficiency challenges.
Kadant Inc. is a global supplier of technologies and engineered systems that drive sustainable industrial processing. Kadant’s products and services play an integral role in enhancing efficiency, optimizing energy utilization and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,000 employees in 20 countries worldwide.
McCarthy Tétrault LLP advised Kadant Inc. with a team led by Patrick M. Shea and Gerald Gaunt that included Jordan Chu (Corporate and M&A), Jeremy Ho, Colton Dennis (Tax), Patrick Pengelly, Alex Treiber (Employment), Vincent Yip (Intellectual Property), Michael Caldecott (Competition), Stephen Jaggers and Deborah Kay (Corporate).