Columbus McKinnon to Buy Kito Crosby From KKR

Columbus McKinnon's 'B+' rating on CreditWatch after Kito Crosby acquisition announcement - S&P Global
Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging, and material-handling equipment. The transaction, valued at $2.7 billion, is expected to significantly increase the scale and scope of Columbus McKinnon's operations through the full integration of KCL.
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 acquire Kito Crosby in $2.7B all-cash transaction
EST Columbus McKinnon (CMCO) to acquire Kito Crosby in $2.7B all-cash transactionMaximize Your Portfolio with Data Driven
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 McKinnon to Combine with Kito Crosby Delivering Compelling Value Creation
Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling Complementary portfolio enhances strategic positioning in attractive verticals and target geographies,
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 ...
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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 the company reported weak third-quarter results, with revenue declining ...
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, ...