News

KKR & Co. is considering options for Kito Crosby including a sale and is working with an adviser to run an auction process ...
(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion. The all-cash deal is being financed by JPMorgan Chase ...
The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...
Columbus McKinnon agreed to buy Kito Crosby Ltd. from KKR for $2.7B in cash, to advance its strategy as the holistic provider of intelligent motion solutions in materials handling.
KKR has agreed to sell Kito Crosby, a Texas-based manufacturer of safe lifting and securement solutions, to Columbus McKinnon for $2.7 billion. The deal is expected to close later this year.
In 2024, Kito Crosby generated $1.1 billion in revenue through a global partner network, according to the news release. This story was originally published February 12, 2025 at 5:52 AM.
Moody's reviews Kito Crosby's ratings for upgrade after Columbus McKinnon acquisition. Open in App ...
One of the primary objectives of this year’s theme is to equip employers with effective recruitment strategies to help ...
Kito Crosby's people, products, solutions, and service have innovated the lifting and securement industry for more than 250 years. Together we lift and secure the world today, for a safer ...
Before this action, Kito Crosby's outlook was stable. This review follows the news that Columbus McKinnon (NASDAQ: CMCO ) Corporation has agreed to acquire Kito Crosby for $2.7 billion in cash.
The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...
(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.