Columbus McKinnon Corporation acquires Kito Crosby Limited

Columbus McKinnon Corporation acquired Kito Crosby Limited for $2.7 billion, a transaction announced in February 2026.

Transformational all-cash acquisition of the UK-incorporated global lifting and rigging leader, roughly doubling Columbus McKinnon in scale; signed February 2025 and closed February 3, 2026 after HSR/regulatory clearance, funded by a new JPMorgan-led credit agreement (Revolver + Term Loan B).

Transformational all-cash acquisition of the UK-incorporated global lifting and rigging leader, roughly doubling Columbus McKinnon in scale; signed February 2025 and closed February 3, 2026 after HSR/regulatory clearance, funded by a new JPMorgan-led credit agreement (Revolver + Term Loan B).

On February 3, 2026, upon the terms and subject to the conditions set forth in the Stock Purchase Agreement, the Company closed the Kito Crosby Acquisition.

Advisory firms were not disclosed for this transaction.

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