WESTFORD, Mass., July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced the completion of its acquisition of Cogent Industrial Technologies Ltd., a leading industrial automation and controls solution provider. The acquisition expands Kadant’s capabilities in industrial automation and control technologies to deliver a more data connected and integrated solution to its customers seeking increased visibility into their operations.

“The addition of Cogent to the Kadant family significantly increases our ability to deliver automation and plant-wide technology solutions to process industries,” said Jeffrey L. Powell, president and chief executive officer of Kadant Inc. “This strategic acquisition provides a new platform to create additional value with our product offerings while playing a bigger role in our customers’ digital ecosystem. I am excited about the new opportunities Cogent will provide around Industry 4.0 and the role Kadant products and technologies can play in our customers’ digital transformation.”

Cogent Industrial Technologies Ltd. is an award-winning industrial automation and controls company based in British Columbia, Canada. The company has established a reputation as a leader in industrial technology solutions, offering expertise in process technology integration, industrial automation and controls, industrial safety, project management, and operational performance management systems.

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with approximately 2,700 employees in 20 countries worldwide. For more information, visit www.kadant.com.