(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 ...

The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction is expected to close later this year. Kito Crosby is currently owned by ...

KKR has owned Kito Crosby since 2013 As part of the transaction, CD&R has invested in Columbus McKinnon Columbus McKinnon is a Charlotte, North Carolina-based provider of intelligent motion ...

Kito is expected to attract interest from ... industries ranging from oil and gas to food processing. Its brands include ...

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.

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

Chief Executive Officer of Kito Crosby. "This deal brings together highly complementary, industry-leading brands, products and competencies with strong recurring sales dynamics. With the benefit ...

16:16 EST Columbus McKinnon (CMCO) to acquire Kito Crosby in $2.7B all-cash transaction Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks ...

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@ ...

Our iconic brands include Kito, Crosby, Harrington, Gunnebo Industries, and Peerless. About CD&R Founded in 1978, CD&R is a leading private investment firm with a strategy of generating strong ...

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 ...