Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction ...

It's set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.

KKR has agreed to sell Kito Crosby, a Texas-based manufacturer of safe lifting and securement solutions, to Columbus McKinnon for $2.7 billion. The deal is expected to close later this year.

The NFIB Small Business Optimism Index declined to 102.8 in January compared to 105.1 in the previous month, and down from estimates of 104.6. Commodities In commodity news, oil traded up 1.2% to ...

Shares of Columbus McKinnon (NASDAQ:CMCO) plummeted 41% after the company reported third-quarter earnings that fell short of expectations and announced a significant acquisition of Kito Crosby, ...

European shares were mostly higher today. The eurozone's STOXX 600 gained 0.1%, Germany's DAX 40 rose 0.3% and France's CAC ...

DA Davidson analyst Matt Summerville adjusted the firm's stance on Columbus McKinnon (NASDAQ:CMCO), shifting the rating from Buy to Neutral and setting a price target of $35.00. According to ...

Q3 2025 Earnings Call Transcript February 10, 2025 Columbus McKinnon Corporation misses on earnings expectations. Reported ...

DA Davidson downgraded Columbus McKinnon (CMCO) to Neutral from Buy with a $35 price target after the company reported fiscal Q3 sales, EBITDA ...

Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 billion ...

Columbus McKinnon Corporation (NASDAQ: CMCO) announced plans to acquire Kito Crosby from KKR Co LP (NYSE: KKR) in a $2.7 ...

CFO Greg Rustowicz reported adjusted operating income of $25.6 million and an adjusted EBITDA of $37.8 million, with an adjusted gross margin of 36.8%. He also noted a $0.14 GAAP EPS and detailed the ...