Columbus McKinnon to Buy Kito Crosby From KKR

Columbus McKinnon to Buy Kito Crosby From KKR for $2.7 Billion
Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion.
Columbus McKinnon to buy Kito Crosby from KKR in $2.7B deal
Columbus McKinnon agreed to buy Kito Crosby Ltd. from KKR for $2.7B in cash, to advance its strategy as the holistic provider of intelligent motion solutions in materials handling.
KKR to sell manufacturer Kito Crosby to Columbus McKinnon for $2.7bn
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.
Columbus McKinnon to Combine with Kito Crosby Delivering Compelling Value Creation
Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling Complementary portfolio enhances strategic positioning in attractive verticals and target geographies,
Columbus McKinnon to acquire Kito Crosby in $2.7B all-cash transaction
Columbus McKinnon (CMCO) announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby from funds managed by leading
Columbus to buy Kito Crosby from KKR
Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction valued at US$2.7bil.
Columbus McKinnon to Acquire Kito Crosby in $2.7B Deal
Columbus McKinnon Corporation (NASDAQ: CMCO) announced plans to acquire Kito Crosby from KKR Co LP (NYSE: KKR) in a $2.7 billion all-cash deal. The acquisition will expand Columbus McKinnons portfolio of crane
Moody's reviews Kito Crosby's ratings for upgrade after Columbus McKinnon acquisition
Ratings has placed the ratings of Crosby US Acquisition Corp., also known as Kito Crosby, under review for an upgrade. This includes the B2 corporate family rating (CFR), B2-PD probability of default rating,
Columbus McKinnon projects $70M synergies from Kito Crosby acquisition by year 3
Q3 2025 Management View David Wilson, President and CEO, highlighted the transformational acquisition of Kito Crosby, which he described as a "highly complementary deal" expected to deliver $70 million in cost synergies by year three.
Manufacturer that recently moved to Charlotte making $2.7B acquisition
The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...
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, ...
KKR & Co (KKR) Receives a Rating Update from a Top Analyst
In a report released today, Daniel Fannon from Jefferies maintained a Buy rating on KKR & Co (KKR – Research Report), with a price target ...