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 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 global investment firm KKR (KKR) in an all-cash ...
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.
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.
Moody's reviews Kito Crosby's ratings for upgrade after Columbus McKinnon acquisition
Ratings has placed the ratings of Crosby US Acquisition Corp., also known as Kito Crosby, under review for an upgrade. This includes the B2 corporate family rating (CFR), B2-PD probability of default rating,
Columbus McKinnon to Acquire Kito Crosby in $2.7B Deal
Columbus McKinnon Corporation (NASDAQ: CMCO) announced plans to acquire Kito Crosby from KKR Co LP (NYSE: KKR) in a $2.7 billion all-cash deal. The acquisition will expand Columbus McKinnons portfolio of crane
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 Corporation (NASDAQ:CMCO) Q3 2025 Earnings Call Transcript
Q3 2025 Earnings Call Transcript February 10, 2025 Columbus McKinnon Corporation misses on earnings expectations. Reported ...
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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 and adjusted EPS below the firm’s forecast and ...
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Columbus McKinnon (NASDAQ:CMCO) Reports Sales Below Analyst Estimates In Q4 Earnings
Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7.9% year on year to $234.1 million.