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 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 ...
Columbus McKinnon to Combine with Kito Crosby Delivering Compelling Value Creation
"We have long respected Columbus McKinnon. Our shared values of safety, quality, and a focus on our employees and customers will create value for all stakeholders," said Robert Desel, Chief ...
Columbus McKinnon to buy Kito Crosby from KKR in $2.7B deal
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 ...
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
Columbus McKinnon paid down $45 million in debt in the first three quarters and anticipates an additional $15 million repayment in Q4. Canyon Hayes, D.A. Davidson, asked about prioritization of $ ...
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KKR to sell manufacturer Kito Crosby to Columbus McKinnon for $2.7bn
KKR has owned Kito Crosby since 2013 As part of the transaction, CD&R has invested in Columbus McKinnon Columbus McKinnon is a Charlotte, North Carolina-based provider of intelligent motion ...
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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.