The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...

Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, ...

Kito Crosby operates multiple manufacturing assembly plants that produce lifting solutions. It employs more than 4,000 people in over 50 countries. KKR has owned Kito Crosby since 2013.

(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion.Most Read from BloombergNice Airport, If You Can Get to It: ...

Kito Crosby is currently owned by funds managed by global investment firm KKR. The Arlington, Texas-based company has nearly 4,000 employees worldwide and several manufacturing plants. Columbus ...

Ratings has placed the ratings of Columbus McKinnon (NASDAQ: CMCO) Corporation under review for potential downgrade. The ratings under review include the Ba3 Corporate Family Rating (CFR), Ba3-PD ...

The review follows Columbus McKinnon's pending acquisition of Kito Crosby, currently owned by KKR's Crosby US Acquisition Corp. The all-cash transaction is valued at $2.7 billion. The proposed ...