About This Deal

Columbus McKinnon Corporation acquired STAHL CraneSystems for €224 million (~$240 million), a transaction announced in January 2017.

Purchased the explosion-protected hoist and crane-component business divested by Konecranes (following its Terex MHPS deal), making Columbus McKinnon the second-largest global hoist manufacturer and deepening its EMEA presence.

Purchased the explosion-protected hoist and crane-component business divested by Konecranes (following its Terex MHPS deal), making Columbus McKinnon the second-largest global hoist manufacturer and deepening its EMEA presence.

Deal Terms

Acquirer
Columbus McKinnon Corporation
Target
STAHL CraneSystems
Value
€224 million (~$240 million)
Date
January 2017
Type
Full acquisition
Status
Completed

Transaction Details

Announced
January 31, 2017

In Their Words

the total consideration for the transaction will be €224 million (~$240 million) on a cash-free, debt-free basis and adjusted for Working Capital, with an earn-out potential of up to €230 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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