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 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 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
Columbus McKinnon to combine with Kito Crosby delivering ‘compelling value creation’
Business combination pitched as materially improving scale and product scope.
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 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.
The Business Journals3d
Manufacturer that recently moved to Charlotte making $2.7B acquisition
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 ...
Yahoo Finance3d
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 Observer3d
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, according to a Monday news release from the Charlotte-based company.
Seeking Alpha3d
Columbus McKinnon slips as D.A. Davidson downgrades following Q3 results
Shares of Columbus McKinnon (NASDAQ:CMCO) are trading over 20% down premarket on Tuesday after the company missed Wall Street expectations for its third quarter results. Brokerage D.A. Davidson ...
Yahoo Finance4d
Columbus McKinnon (CMCO) Lags Q3 Earnings and Revenue Estimates
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago.
Nasdaq4d
Columbus McKinnon To Buy Kito Crosby From KKR In $2.7 Bln Deal
(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.