KKR has owned Kito Crosby since 2013 and in that time delivered significant value creation, more than doubling revenue, quadrupling the number of employees while reducing injury rates and expanding into new product categories, end markets and geographies. In 2024, Kito Crosby generated $1.1 billion in revenue through its extensive global ...

1 day ago · Bloomberg News reported in July that KKR was considering options for Kito Crosby including a sale. Shares of Columbus McKinnon rose 3.6% to $35.48 in New York trading Monday, giving the Charlotte ...

1 day ago · The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...

21 hours ago · (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.

2 days ago · KKR has owned Kito Crosby since 2013 and in the time more than doubled revenue, quadrupling the number of employees and expanding into new product categories, end markets and geographies. In 2024, Kito Crosby generated $1.1 billion in revenue. “We have long respected Columbus McKinnon. Our shared values of safety, quality, and a focus on our ...

2 days ago · Columbus McKinnon announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby from funds managed by leading global investment firm KKR (KKR) in an all-cash transaction ...

2 days ago · Kirkland & Ellis is advising KKR and its portfolio company Kito Crosby Limited, a global leader in lifting solutions, on its sale to Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling. The acquisition was announced February 10, 2025 and is expected to ...

2 days ago · Columbus McKinnon (NASDAQ:CMCO) +1.4% post-market Monday it agreeing to acquire Kito Crosby Ltd. from KKR for $2.7B in cash, which it said will advance its strategy as the holistic provider of ...

7 hours ago · KKR was considering options for Kito Crosby including a sale. Shares of Columbus McKinnon rose 3.6% to US$35.48 in New York trading on Monday, giving the Charlotte, North Carolina-based company a ...

18 hours ago · Under KKR’s ownership since 2013, Kito Crosby has significantly expanded its revenue, product offerings, and workforce, while enhancing safety and reducing injury rates. In 2024, the company generated $1.1 billion in revenue, leveraging an extensive global partner network. The merger will create a stronger company, with increased scale and ...