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Columbus McKinnon to acquire Kito Crosby for $2.7B
PUBLIC · CMCOJan 30, 2026•6 months ago
Acquiring Company
Columbus McKinnon
Acquired Company
Kito Crosby
CharlotteArlingtonManufacturingManufacturing
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.
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.
Charlotte