The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction is expected to close later this year. Kito Crosby is currently owned by ...
Charlotte-based Columbus McKinnon is acquiring Texas-based Kito Crosby in a $2.7 billion deal. Columbus McKinnon’s corporate headquarters is in Ballantyne. David T. Foster III dtfoster@ ...
Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, according to a Monday news release from the Charlotte-based company.
NEW YORK: Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction valued at US$2.7bil. The all-cash deal is being financed by ...
Investing.com -- Moody’s (NYSE:MCO) Ratings has placed the ratings of Crosby US Acquisition Corp., also known as Kito Crosby, under review for an upgrade. This includes the B2 corporate family rating ...
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Columbus McKinnon's 'B+' rating on CreditWatch after Kito Crosby acquisition announcement - S&P GlobalInvesting.com -- On Monday, February 10, 2025, Columbus McKinnon (NASDAQ:CMCO) Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging ...
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