2 days ago · CHARLOTTE, N.C., Feb. 10, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito ...

2 days ago · Columbus McKinnon will host a combined third quarter fiscal 2025 financial results and Kito Crosby acquisition conference call Monday, February 10, 2025 at 5:00 PM Eastern Time to discuss the ...

1 day ago · The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...

18 hours ago · Columbus McKinnon, a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion subject to customary post ...

1 day ago · The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...

2 days ago · Columbus McKinnon Non-GAAP EPS of $0.56 misses by $0.17, revenue of $234.14M misses by $17.62M Seeking Alpha 10h Columbus McKinnon to buy Kito Crosby from KKR in $2.7B deal

1 day ago · (Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion.Most Read from BloombergNice Airport, If You Can Get to ...

9 hours ago · Getzville, NY-based motion technology manufacturer Columbus McKinnon Corp. agreed to acquire Kito Crosby Limited in an all-cash deal worth $2.7 billion. Expected to be completed later in 2025, CM has secured $3.05 billion in financing from J.P. Morgan — including a $500 million revolving credit facility — and a $0.8 billion preferred equity ...

1 day ago · Charlotte-based Columbus McKinnon will acquire Richardson, Texas-based Kito Crosby Limited from funds managed by global investment firm KKR in a transaction valued at $2.7 billion. Columbus McKinnon expects the deal to close this calendar year, pending regulatory approval. Shares of Columbus McKinnon declined about 40% in Tuesday morning trading after news of the deal and the company reported ...

19 hours ago · Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 billion. H. Serving the industrial lifting market since 2001. Sections. ... Kito Crosby operates numerous manufacturing plants worldwide and employs nearly 4,000 people. Under KKR’s ownership since 2013, Kito Crosby has significantly ...