and $800 million of perpetual convertible preferred equity provided by private equity firm CD&R. As part of the deal, Columbus McKinnon will replace its existing $175 million revolver with a new $ ...

(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery ... The all-cash deal is being financed by JPMorgan Chase & Co. and an $800 million perpetual convertible preferred equity ...

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.

The deal is expected to close later this year. Columbus McKinnon Corp. (NASDAQ: CMCO) is making a major acquisition a few years after moving its headquarters to Charlotte. The manufacturer ...