KADANT INC. (NYSE:KAI) Files An 8-K Financial Statements and Exhibits

KADANT INC. (NYSE:KAI) Files An 8-K Financial Statements and Exhibits
Item 9.01 of Form 8-K.

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Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

(i)

Audited Consolidated Financial Statements of Syntron Material Handling Holdings, LLC and Subsidiaries as of and for the year ended December 31, 2017 are filed as Exhibit 99.2 hereto.

(ii)

Unaudited Condensed Consolidated Financial Statements of Syntron Material Handling Holdings, LLC and Subsidiaries as of and for the nine months ended September 30, 2018 are filed as Exhibit 99.3 hereto.

(b) Pro Forma Financial Information.

The following unaudited pro forma financial information is filed as Exhibit 99.4 hereto:

Unaudited Pro Forma Condensed Combined Balance Sheet as of September 29, 2018.

Unaudited Pro Forma Condensed Combined Statement of Income for the fiscal year ended December 30, 2017 and the fiscal nine months ended September 29, 2018.

Notes to the Unaudited Pro Forma Condensed Combined Financial Statements.

(d) Exhibits.

Exhibit 99.1 shall be deemed to be furnished and not filed.

Exhibit

No.

Description

Consent of Independent Certified Public Accountants

99.1

99.2

99.3

99.4

Pro Forma Financial Information listed in Item 9.01 (b).

*Filed as Exhibit 99 to the Company’s Current Report on Form 8-K filed January 2, 2019 and incorporated herein by reference.

KADANT INC Exhibit
EX-23 2 kai20198-kaxexhibit23xcons.htm KAI FORM 8-KA EXHIBIT 23 CONSENT Exhibit Exhibit 23 CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTSWe have issued our report dated March 19,…
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About KADANT INC. (NYSE:KAI)

Kadant Inc. is a supplier of equipment used in process industries. The process industries, including papermaking, paper recycling and oriented strand board (OSB), an engineered wood panel product used primarily in home construction. In addition, the Company manufactures granules made from papermaking byproducts. It operates in two segments: Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. Through its Papermaking Systems segment, it develops, manufactures and markets a range of equipment and products for the papermaking, paper recycling and other process industries. Through its Wood Processing Systems segment, it designs, manufactures and markets stranders and related equipment. Through its Fiber-based Products business, the Company produces biodegradable, absorbent granules from papermaking byproducts for use as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications.

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