Kennametal Inc. KMT +1.11% announced today that it has completed the previously announced acquisition of Deloro Stellite Group from private equity firm Duke Street. Deloro Stellite is a global ...

Consolidation continues in the machining and fabricating equipment sector. Kennametal Inc. revealed it has an agreement in place to buy Britain’s Deloro Stellite Group for an estimated $290 million ...

Kennametal Inc. KMT, -1.66% agreed to acquire Deloro Stellite Group from Duke Street Capital for about EUR277 million in order to increase its line of systems that prevent wear in machinery.

The Valence Group, a specialist M&A investment bank offering advisory services to companies and investors in the chemicals, materials and related sectors, has advised Kennametal (NYSE: KMT) on its ...

Kennametal Stellite, operating within the Infrastructure segment, focuses on surface coating and welding product markets. This subsidiary accounted for less than 2% of Kennametal’s total sales and was ...

Including adjustments from Stellite, GAAP earnings per share in the quarter were 67 cents versus 93 cents in the year-ago quarter. Kennametal reported a 5.9% year-over-year decline in its revenue that ...

Kennametal has sold its Indiana business in a $19 million deal as part of the company's cost-cutting efforts. The Pittsburgh tool manufacturer said Friday it sold its Kennametal Stellite business in ...

Kennametal Inc. KMT is well-poised for growth in the coming quarters, courtesy of the strong performance of its Infrastructure segment. The company's efforts to reward its shareholders handsomely add ...

Stellite alloys are a group of cobalt-chromium 'super-alloys' consisting of complex carbides in an alloy matrix predominantly designed for high wear resistance and superior chemical and corrosion ...

PITTSBURGH, June 6, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that it has completed the sale of its business in Goshen, IN. "This portfolio action is an important step toward ...