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COMACT COMPLETES ACQUISITION OF OLESON SAW TECHNOLOGY

VANCOUVER, BC, April, 7, 2026 — Comact, a global leader in high-performance OEM wood-processing technologies, announces the completion of its acquisition of Oleson Saw Technology, a well-established leader in wide bandsaw blade manufacturing. The transaction strengthens Comact’s cutting and saw technology offering and further expands its aftermarket and consumables portfolio for the wood processing industry.

Based in York, Pennsylvania, Oleson Saw Technology has built a strong reputation for supporting sawmills across North America with quality-manufactured wide bandsaw blades and filing room equipment. Oleson will continue operating from its existing York facility, ensuring continuity for customers and employees. As part of the transaction, Comact reaffirms its commitment to supporting Oleson’s continued distribution of high-quality, Swiss-made ISELI filing room equipment for bandsaws and circular saws.

“Oleson Saw Technology has been built on a strong commitment to its employees, its customers, and delivering high-quality bandsaw blades to the industry,” said Mary Chairs, President of York Saw & Knife and Oleson Saw Technology. “We are confident that Comact will build on this legacy and bring a shared culture that will support the continued success of the business in the years ahead.”

“This acquisition represents an important step in strengthening our cutting and saw technology portfolio,” said Adam Infanti, Executive Vice President and Chief Financial Officer of Comact. “Oleson’s expertise in wide bandsaw blades and its strong market reputation complement our existing capabilities and strengthen our position in cutting solutions. We are pleased to welcome the Oleson team and to build on their legacy together while continuing to support customers with reliable, high-performance solutions.”

As part of this transition, Oleson Saw Technology will introduce an updated visual identity aligned with Comact’s branding, along with a new website at www.olesonsaw.com in the coming days.