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Columbus McKinnon to Buy Kito Crosby From KKR
Columbus McKinnon to Buy Kito Crosby From KKR for $2.7 Billion
Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion.
Columbus McKinnon to buy Kito Crosby from KKR in $2.7B deal
Columbus McKinnon agreed to buy Kito Crosby Ltd. from KKR for $2.7B in cash, to advance its strategy as the holistic provider of intelligent motion solutions in materials handling.
KKR to sell manufacturer Kito Crosby to Columbus McKinnon for $2.7bn
KKR has agreed to sell Kito Crosby, a Texas-based manufacturer of safe lifting and securement solutions, to Columbus McKinnon for $2.7 billion. The deal is expected to close later this year.
CMCO to acquire Kito Crosby
Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 billion
Columbus McKinnon to acquire Kito Crosby in $2.7B all-cash transaction
Columbus McKinnon (CMCO) announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby from funds managed by leading
Columbus to buy Kito Crosby from KKR
Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction valued at US$2.7bil.
Columbus McKinnon to combine with Kito Crosby delivering ‘compelling value creation’
Business combination pitched as materially improving scale and product scope.
Columbus McKinnon to Buy Kito Crosby in $2.7B Deal
It's set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.
Columbus McKinnon projects $70M synergies from Kito Crosby acquisition by year 3
Q3 2025 Management View David Wilson, President and CEO, highlighted the transformational acquisition of Kito Crosby, which he described as a "highly complementary deal" expected to deliver $70 million in cost synergies by year three.
14h
on MSN
Columbus McKinnon stock tumbles on earnings, acquisition news
Shares of Columbus McKinnon (NASDAQ:CMCO) plummeted 41% after the company reported third-quarter earnings that fell short of ...
StockStory.org on MSN
10h
Why Columbus McKinnon (CMCO) Shares Are Plunging Today
Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell 41.9% in the afternoon session after ...
1d
Columbus McKinnon Corp (CMCO) Q3 2025 Earnings Call Highlights: Strategic Acquisition and ...
Despite an 8% drop in net sales, Columbus McKinnon Corp (CMCO) anticipates significant synergies and growth from its ...
19h
Columbus McKinnon downgraded to Neutral from Buy at DA Davidson
DA Davidson downgraded Columbus McKinnon (CMCO) to Neutral from Buy with a $35 price target after the company reported fiscal Q3 sales, EBITDA ...
heavyliftpfi.com
6d
Kito Crosby introduces overhead power line equipment
Kito Crosby has released its specialised line of hoists and load monitoring systems designed explicitly for overhead power ...
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