Strategic Acquisition of Carr's Engineering Division
Cadre completed the acquisition of Carr's Engineering division in April, expanding its nuclear safety vertical and international footprint.
The acquired brands include Walischmiller, Bendalls Engineering, NW Total, and NuVision, which enhance capabilities in remote handling, automation, and radiation protection.
Management sees opportunities for operational efficiencies and profitability improvements through integration and leveraging core Cadre tools.
The acquisitions are aligned with DXP’s strategy to diversify product offerings, expand into new industries like water and industrial markets, and increase geographical presence.
Management emphasizes that acquisitions are well-run and growing, with no hesitation from customers or macroeconomic factors impacting deal flow.
The company’s focus on acquisitions is also driven by the desire to leverage operational efficiencies and expand its technical expertise, especially in high-margin segments.
Astec completed the TerraSource acquisition on July 1, 2025, expanding its market presence in material processing equipment.
TerraSource is a leader in crushing, screening, and separation markets, with approximately 63% of revenue from aftermarket parts and 80% gross margin.
Integration efforts include seamless payroll and onboarding via Oracle HR system, procurement synergies, and opportunities for cross-selling and new product development.
Strategic Expansion through Kinectrics Acquisition and International Contracts
BWXT closed the acquisition of Kinectrics in May, adding over 1,300 employees and expanding capabilities in nuclear power and energy infrastructure markets.
BWXT was selected to manage and operate Canadian Nuclear Laboratories under a CAD 1.2 billion, 6-year contract, marking its first international project in this business line.
The acquisition and international contract significantly broaden BWXT's service offerings and global footprint, with expectations of long-term revenue growth.
Dafinchi