Columbus McKinnon to sell U.S. power chain hoist and chain operations for $210M

Columbus McKinnon entered a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations in Damascus, Virginia and Lexington, Tennessee to an affiliate of Pacific Avenue Capital Partners for $210 million, with potential earn-out of $25 million. The divestiture is to reduce product redundancies ahead of the Kito Crosby acquisition.

“Entered into a definitive agreement for the sale of its U.S. power chain hoist and chain manufacturing operations for $210 million plus additional earn out potential of $25 million.”prnewswire.com

• 5 sources
• prnewswire.comColumbus McKinnon Reiterates Expected Closing of the Kito Crosby Acquisition and Announces the Divestiture of Certain Product LinesColumbus McKinnon CorporationJan 14, 2026
• lbmjournal.comCameron Ashley, Pacific Avenue Capital Partners acquire ...Jan 16, 2026
• prnewswire.comColumbus McKinnon Receives Clearance from the DOJ for Pending Acquisition of Kito CrosbyColumbus McKinnon CorporationFeb 2, 2026
• prnewswire.comColumbus McKinnon Completes Acquisition of Kito CrosbyColumbus McKinnon CorporationFeb 4, 2026

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