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Columbus McKinnon to acquire Kito Crosby for $2.7B

PUBLIC · CMCOJan 30, 2026

Acquiring Company

Columbus McKinnon

Acquired Company

Kito Crosby

CharlotteManufacturingManufacturing

Description

The US DOJ has mandated Columbus McKinnon to sell specific assets to alleviate antitrust concerns. This requirement is part of Columbus McKinnon's planned $2.7 billion acquisition of Kito Crosby. The divestiture will include its power chain hoist and chains businesses. With this acquisition, Columbus McKinnon aims to expand its market presence significantly.

Quick answer

Columbus McKinnon is acquiring Kito Crosby for $2.7 billion, announced January 30, 2026. Columbus McKinnon is based in Charlotte, North Carolina, United States.

How much did Columbus McKinnon pay for Kito Crosby?
The reported deal value is $2.7 billion.
What does Columbus McKinnon do?
Columbus McKinnon, it’s our goal to ensure our culture lives up to the highest standards for how we treat each other, our customers, and our global communities.
Where are Columbus McKinnon and Kito Crosby based?
Columbus McKinnon is based in Charlotte, North Carolina, United States.
Who are the decision-makers at Columbus McKinnon?
Fundz holds 1 contact at Columbus McKinnon. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Columbus McKinnon

Location

13320 Ballantyne Corporate Place

Charlotte, North Carolina, United States

About

Columbus McKinnon, it’s our goal to ensure our culture lives up to the highest standards for how we treat each other, our customers, and our global communities. We are committed to measuring our success and being purposefully transparent with our stakeholders.

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Frequently asked

Who acquired Kito Crosby?

Kito Crosby was acquired by Columbus McKinnon, based in Charlotte. The deal was reported on January 30, 2026. Columbus McKinnon, it’s our goal to ensure our culture lives up to the highest standards for how we treat each other, our customers, and our global communities. Columbus McKinnon is publicly traded (CMCO) and operates in Manufacturing.

When did Columbus McKinnon acquire Kito Crosby?

Columbus McKinnon's acquisition of Kito Crosby was reported on January 30, 2026. The US DOJ has mandated Columbus McKinnon to sell specific assets to alleviate antitrust concerns. This requirement is part of Columbus McKinnon's planned $2.7 billion acquisition of Kito Crosby. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kito Crosby do?

Kito Crosby is known for its high-quality lifting and material handling equipment. The company offers a range of products including hoists and cranes tailored to improve efficiency and safety. It is privately held, operating in Manufacturing.

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