(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 ...

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.

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 ...

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 ...

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