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.

Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction ...

It's set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.

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.

Shares of Columbus McKinnon (NASDAQ:CMCO) plummeted 41% after the company reported third-quarter earnings that fell short of ...

The NFIB Small Business Optimism Index declined to 102.8 in January compared to 105.1 in the previous month, and down from estimates of 104.6. Commodities In commodity news, oil traded up 1.2% to ...

Investing.com -- Columbus McKinnon (NASDAQ: CMCO )股价暴跌41%，此前该公司发布的第三季度财报不及预期，并宣布将收购Kito Crosby，随后遭遇分析师下调评级。这家物料搬运解决方案供应商的股价走势反映出投资者对收购交易的即期财务影响及其对公司杠杆率的影响表示担忧。

Q3 2025 Earnings Call Transcript February 10, 2025 Columbus McKinnon Corporation misses on earnings expectations. Reported ...

周二，DA Davidson分析师Matt Summerville调整了对Columbus McKinnon (NASDAQ: CMCO )的投资立场，将评级从"买入"下调至"中性"，并设定目标价为$35.00。根据InvestingPro数据显示，这一目标价远低于$50的最高目标价，而该股目前交易价格为$35.48，市值约10亿美元。此次降级是对公司2025财年第三季度业绩的回应，该季度的销售额 ...

DA Davidson downgraded Columbus McKinnon (CMCO) to Neutral from Buy with a $35 price target after the company reported fiscal Q3 sales, EBITDA ...

Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon " or the "Company"), a leading designer, manufacturer ...

Columbus McKinnon Corporation (CMCO) has announced an agreement to acquire Kito Crosby for approximately $2.7 billion ...