Columbus McKinnon acquired Kito Crosby for $2.7B, doubling sales but raising debt. The market reacted to risks, shares ...

(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion. The all-cash deal is being financed by JPMorgan Chase ...

Columbus McKinnon (NASDAQ:CMCO) +1.4% post-market Monday it agreeing to acquire Kito Crosby Ltd. from KKR (KKR) for $2.7B in cash, which it said will advance its strategy as the holistic provider ...

today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito Crosby") from funds managed by leading global investment firm KKR in an all-cash ...

KKR quadrupled the number of employees at Kito and more than doubled revenue, which was a record $1.1 billion in 2024. “This is an important next step in further strengthening Columbus McKinnon ...

today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito Crosby") from funds managed by leading global investment firm KKR in an all-cash ...

Partner at KKR. "We are excited to partner with Columbus McKinnon, their strong management team and Board, to support this highly strategic acquisition and the Company's long-term opportunities ...

(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion.Most Read from BloombergNice Airport, If You Can Get to It: ...