In my opinion, KBL would be biting off a bit much with a purchase that size. It would almost double KBL's size, but both KBL and FLO have all the debt they need already. I assume they'd use debt as their currency (stock price) is too low to use at these levels. Dilution would be tough to swallow. I guess on the positive side, in one big move they establish a big foreign presence.
I'd prefer that KBL and FLO both focus on their present business, then perhaps combine with each other and then look elsewhere for acquisitions.