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Trusted by
Acquiring Company
Columbus McKinnon
Acquired Company
Kito Crosby
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.
Fundz sees it the moment Columbus McKinnon makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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.
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