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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 ... rigging tools and digital power and motion control systems. The combination will better ...
Charlotte Observer1mon
Charlotte manufacturer aims for growth in nearly $3 billion deal to buy Texas company
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.
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Moody's reviews Kito Crosby's ratings for upgrade after Columbus McKinnon acquisition
Furthermore, Kito Crosby's existing debt has a change of control provision, leading to the expectation that it will be repaid in conjunction with the transaction. If the debt is repaid ...
Mena FN1mon
Columbus Mckinnon To Combine With Kito Crosby Delivering Compelling Value Creation
We've long had a great respect for Kito Crosby's strong portfolio of offerings ... and digital power and motion control systems. The Company is focused on commercial and industrial applications ...
Business Insider1mon
Columbus McKinnon to acquire Kito Crosby in $2.7B all-cash transaction
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 ...
Nasdaq1mon
Columbus McKinnon to Combine with Kito Crosby Delivering Compelling Value Creation
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 ...