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.
CFO Greg Rustowicz reported adjusted operating income of $25.6 million and an adjusted EBITDA of $37.8 million, with an adjusted gross margin of 36.8%. He also noted a $0.14 GAAP EPS and detailed the ...