(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion. The all-cash deal is being financed by JPMorgan Chase ...

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 ...

The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction is expected to close later this year. Kito Crosby is currently owned by ...

Kito Crosby is a global leader in lifting solutions with multiple manufacturing assembly plants and nearly 4,000 employees serving over 50 countries. KKR has owned Kito Crosby since 2013 and in ...

16:16 EST Columbus McKinnon (CMCO) to acquire Kito Crosby in $2.7B all-cash transaction Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks ...

Kito Crosby has introduced its renewed and improved Kito Erikkila jib crane series, designed to enhance performance and ...

Charlotte-based Columbus McKinnon is acquiring Texas-based Kito Crosby in a $2.7 billion deal. Columbus McKinnon’s corporate headquarters is in Ballantyne. David T. Foster III dtfoster@ ...

(RTTNews) - Columbus McKinnon Corp. (CMCO) on Monday announced a definitive agreement to acquire Kito Crosby Ltd, a manufacturer of lifting and material handling products, for $2.7 billion.

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.

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 ...

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 ...