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.
CMCO to acquire Kito Crosby
Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 billion
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 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 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.
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,
Manufacturer that recently moved to Charlotte making $2.7B acquisition
The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...
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Columbus McKinnon Q3 FY25 results saw ‘tough quarter’
Columbus McKinnon also reported a decrease in gross profit, which fell by 12.6%, as well as a reduction in operating income, ...
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, ...
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Columbus McKinnon Corporation
Columbus McKinnon Corp. engages in the design, manufacture, and marketing of material handling products and systems. Its products include hoists, chain and rigging tools, digital power control ...
Columbus McKinnon (NASDAQ:CMCO) Lowered to “Hold” Rating by StockNews.com
StockNews.com lowered shares of Columbus McKinnon (NASDAQ:CMCO – Free Report) from a buy rating to a hold rating in a report issued on Tuesday. Columbus McKinnon Price Performance NASDAQ:CMCO opened ...