Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging, and ...

In a year marked by significant volatility, Columbus McKinnon Corporation (NASDAQ:CMCO) stock has registered a new 52-week low, dipping to $19.59. According to InvestingPro analysis, the stock appears ...

Corporation has agreed to acquire Kito Crosby for $2.7 billion in cash. The purchase is set to be funded with $2.6 billion in committed debt financing and a $0.8 billion perpetual convertible ...

The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...

Ratings has placed the ratings of Columbus McKinnon (NASDAQ: CMCO) Corporation under review for potential downgrade. The ratings under review include the Ba3 Corporate Family Rating (CFR), Ba3-PD ...

Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, ...

Vesna Brajkovic is MDM's Senior Editor, having joined the company in May 2023. She has more than seven years of experience as a B2B publication editor, having focused on the commercial trucking, ...

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 ...