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Columbus McKinnon acquires Kito Crosby for growth

PUBLIC · CMCOSep 27, 2026

Acquiring Company

Columbus McKinnon

Acquired Company

Kito Crosby

CharlotteArlingtonManufacturingManufacturing

Description

Columbus McKinnon has announced its acquisition of Kito Crosby, targeting $70 million in cost synergies over the next three years. This transformative deal approximately doubles Columbus McKinnon's pro forma revenue to about $2 billion. The combined company aims to enhance its EBITDA margins through strategic integrations and operational efficiencies. Early savings have been realized through reductions in selling, general, and administrative costs.

Company Information

Company

Columbus McKinnon

Location

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 September 27, 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 September 27, 2026. Columbus McKinnon has announced its acquisition of Kito Crosby, targeting $70 million in cost synergies over the next three years. This transformative deal approximately doubles Columbus McKinnon's pro forma revenue to about $2 billion. 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, and is based in Arlington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.