Columbus McKinnon to Buy Kito Crosby From KKR

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.
Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell 41.9% in the afternoon session after ...
Despite an 8% drop in net sales, Columbus McKinnon Corp (CMCO) anticipates significant synergies and growth from its ...