About This Deal

Columbus McKinnon Corporation acquired Garvey Corporation for $74 million, a transaction announced in December 2021.

Added Garvey's patented accumulation-conveyor systems for food & beverage and life sciences/pharma, broadening the precision-conveying platform built on the Dorner acquisition.

Added Garvey's patented accumulation-conveyor systems for food & beverage and life sciences/pharma, broadening the precision-conveying platform built on the Dorner acquisition.

Deal Terms

Acquirer
Columbus McKinnon Corporation
Target
Garvey Corporation
Value
$74 million
Date
December 2021
Type
Full acquisition
Status
Completed

Transaction Details

Announced
December 1, 2021

In Their Words

the Company has executed a definitive agreement to acquire Garvey Corporation (“Garvey”) for $74 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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