KKR has owned Kito Crosby since 2013 and in that time delivered significant value creation, more than doubling revenue, quadrupling the number of employees while reducing injury rates and expanding into new product categories, end markets and geographies. In 2024, Kito Crosby generated $1.1 billion in revenue through its extensive global ...

2 days ago · Bloomberg News reported in July that KKR was considering options for Kito Crosby including a sale. Shares of Columbus McKinnon rose 3.6% to $35.48 in New York trading Monday, giving the Charlotte ...

2 days ago · (RTTNews) - Columbus McKinnon Corp. (CMCO) on Monday announced a definitive agreement to acquire Kito Crosby Ltd, a manufacturer of lifting and material handling products, for $2.7 billion. The ...

3 days ago · Kirkland & Ellis is advising KKR and its portfolio company Kito Crosby Limited, a global leader in lifting solutions, on its sale to Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling. The acquisition was announced February 10, 2025 and is expected to ...

3 days ago · Columbus McKinnon announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby from funds managed by leading global investment firm KKR (KKR) in an all-cash transaction ...

Columbus McKinnon (NASDAQ:CMCO) +1.4% post-market Monday it agreeing to acquire Kito Crosby Ltd. from KKR (KKR) for $2.7B in cash, which it said will advance its strategy as the holistic provider ...

Jan 29, 2023 · This combination, under the name Kito Crosby, brings together two industry-leading companies with complementary geographic footprints and product portfolios to better serve customers, team members, and their global communities.

Jan 30, 2023 · Today’s announcement follows the settlement of The Crosby Group’s cash tender offer for all outstanding shares of Kito CORPORATION for JPY 2,725 per share and the completion of the related squeeze-out process and de-listing of Kito CORPORATION from the Tokyo Stock Exchange.

(Bloomberg) -- KKR & Co. is considering options for Kito Crosby including a sale and is working with an adviser to run an auction process for the machinery maker, according to people familiar...

1 day ago · KKR has owned Kito Crosby since 2013. In 2024, Kito Crosby generated $1.1 billion in revenue through a global partner network, according to the news release. Related stories from Rock Hill Herald.