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 Combine with Kito Crosby Delivering Compelling Value Creation
Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, 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 transaction valued at $2.
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.
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
CMCO to acquire Kito Crosby
Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 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.
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.
Moody's reviews Kito Crosby's ratings for upgrade after Columbus McKinnon acquisition
Corporation has agreed to acquire Kito Crosby for $2.7 billion in cash. The purchase is set to be funded with $2.6 billion in committed debt financing and a $0.8 billion perpetual convertible preferred equity investment from CD&R.
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.
Manufacturer that recently moved to Charlotte making $2.7B acquisition
The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...
Charlotte manufacturer aims for growth in nearly $3 billion deal to buy Texas company
Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, according to a Monday news release from the Charlotte-based company.
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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 ...