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Kadant acquires German firm

2016-04-17 14:00:11| Paper - Topix.net

Kadant Inc., a supplier of equipment for papermaking, recycling and other process industries, recently announced that it has acquired German-based RT Holding GmbH, the parent corporation of a group of companies known as the PAALGROUP, for about $58 million. PAAL manufactures channel balers and related equipment used in the processing of recyclable and waste materials.

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