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Bloomberg on MSNKKR Considers $3 Billion Sale of Machinery Maker Kito Crosby(Bloomberg) -- KKR & Co. is considering options for Kito Crosby including a sale and is working with an adviser to run an ...
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 ...
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Columbus McKinnon to Buy Kito Crosby From KKR for $2.7 Billion(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 ...
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.
Kito Crosby is a global leader in lifting solutions with multiple manufacturing assembly plants and nearly 4,000 employees serving over 50 countries. KKR has owned Kito Crosby since 2013 and in ...
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 ...
Investing.com -- On Monday, February 10, 2025, Columbus McKinnon (NASDAQ:CMCO) Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging ...
KKR has owned Kito Crosby since 2013 and in the time had delivered significant value creation, more than doubling revenue, quadrupling the number of employees while reducing injury rates and ...
Investing.com -- On Monday, February 10, 2025, Columbus McKinnon (NASDAQ:CMCO) Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging, and ...
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