Kadant Inc · NYSE:KAI
Kadant — Merger or Acquisition (June 2021)
10 slides from Kadant's merger presentation, Jun 17, 2021
Slide 1: Pending Acquisition of Joh. Clouth GmbH & Co. KG
Pending Acquisition of Joh. Clouth GmbH & Co. KG and affiliated companies (“Clouth”) June 17, 2021 Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This presentation contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about the financial
Slide 3: Acquisition Overview
Acquisition Overview • Manufacturer of doctor blades used in creping, scraping, cleaning, and coating applications • Founded in 1874 in Germany, built a global reputation for quality and high-performance blades • Highly-automated manufacturing operations in Germany and Poland with a sales presence t
Slide 4: Acquisition Rationale
Acquisition Rationale • Nearly doubles our global market position in doctor blades • Significantly leverages our position in the fast-growing ceramic tissue blade market with the acquisition of the #2 global player • Increases our aftermarket revenue in one of our most stable product lines with prof
Slide 5: 2020 Clouth Revenue Sources
2020 Clouth Revenue Sources KAI-CLOUTH INVESTOR PRESENTATION–JUNE 2021 | © 2021 KADANT INC. ALL RIGHTS RESERVED. 5 REGIONPRODUCT MIX Geographic revenue is attributed to countries based on customer location (company estimate).
Slide 6: 2020 Doctor Revenue by Region
2020 Doctor Revenue by Region KAI-CLOUTH INVESTOR PRESENTATION–JUNE 2021 | © 2021 KADANT INC. ALL RIGHTS RESERVED. 6 KADANTCLOUTH Geographic revenue is attributed to countries based on customer location (company estimate). Kadant revenue includes doctor blades, doctor systems, and related components
Slide 7: Kadant and Clouth Together
Kadant and Clouth Together • Complementary geographic coverage provides minimal overlap and unparalleled global footprint • Significantly advances our ability to supply the fast-growing ceramic creping blade market used in tissue production • Combination of two global R&D leaders in scraping, cleani
Slide 8: Integration
Integration • Use multi-brand strategy retaining the strength of the Clouth brand • Specialized manufacturing operations will continue as part of our decentralized operating structure • Anticipate sharing of best practices, competitive collaboration • Clouth will become part of our Flow Control repo
Slide 9: Questions & Answers
Questions & Answers To ask a question, please call 888-326-8410 within the U.S. or +1 704-385-4884 outside the U.S. and reference 414 4889. Please mute the audio on your computer. KAI-CLOUTH INVESTOR PRESENTATION–JUNE 2021 | © 2021 KADANT INC. ALL RIGHTS RESERVED. 9
Slide 10: Investor Relations Contact
INVESTOR RELATIONS CONTACT Michael McKenney, 978-776-2000 IR@kadant.com MEDIA RELATIONS CONTACT Wes Martz, 269-278-1715 media@kadant.com June 17, 2021