About This Deal

Columbus McKinnon Corporation acquired montratec GmbH for €101.25 million (~$110 million), a transaction announced in May 2023.

Acquired the German developer of intelligent monorail transport/automation systems (serving EV, semiconductor, electronics, life sciences and aerospace), extending the intelligent-motion automation platform alongside Dorner and Garvey.

Acquired the German developer of intelligent monorail transport/automation systems (serving EV, semiconductor, electronics, life sciences and aerospace), extending the intelligent-motion automation platform alongside Dorner and Garvey.

Deal Terms

Acquirer
Columbus McKinnon Corporation
Target
Montratec GmbH
Value
€101.25 million (~$110 million)
Date
May 2023
Type
Full acquisition
Status
Completed

Transaction Details

Announced
May 31, 2023

In Their Words

Columbus McKinnon EMEA will acquire all of the issued and outstanding capital stock of montratec GmbH ... for a purchase price of €101.25 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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