Voestalpine sells Böhler Profil to US company Kadant as part of business optimization

Austrian metallurgical company voestalpine has agreed to sell voestalpine BÖHLER Profil, part of its High Performance Metals division, to US-based Kadant Inc., a global provider of engineered solutions for industry. This was announced in a press release by the company.

The contract has already been signed, but the deal still needs regulatory approval and should be completed by the end of the 2025/26 financial year. The new owner will keep jobs at the plant in Bruckbach (Lower Austria).

BÖHLER Profil specializes in the production of special profiles for industrial applications and is one of the leading manufacturers of profiles for industrial knives. According to voestalpine CEO Herbert Eibenstainer, the sale is part of the ongoing optimization of the High Performance Metals portfolio – the company is no longer considered a strategically key asset of the group due to its structure, sales channels, and production processes.

In the 2024/25 financial year, BÖHLER Profil had around 150 employees and generated revenues of €51.5 million. Over the past 15 years, voestalpine has invested €23 million in the development of the site, particularly in the automation and digitalization of production.

Reinhard Nöbauer, member of the voestalpine Management Board and head of the High Performance Metals division, noted that the company is profitable and has demonstrated stable results, and Kadant plans to further develop the business and product portfolio.

Following the sale of Buderus Edelstahl in Germany, the consolidation of sites outside Austria, and the adjustment of capacities at Böhler Bleche, the division has effectively completed its restructuring. Despite the agreement, voestalpine confirmed its EBITDA forecast for the 2025/26 financial year in the range of €1.40-1.55 billion.

At the end of 2025, voestalpine warned of possible job cuts at two plants in Austria. The company was considering adjusting the capacities of Voestalpine Tubulars in Kindberg and BÖHLER Bleche in Mürzzuschlag due to pressure from US tariffs and weak demand.