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 ...

(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 ...

Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) will be announcing earnings results tomorrow after ...

NEW YORK: Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction valued at US$2.7bil. The all-cash deal is being financed by ...

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.

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@ ...