# Columbus McKinnon to acquire Kito Crosby from KKR for $2.7 billion

Columbus McKinnon agreed to acquire Kito Crosby Limited from funds managed by KKR in an all-cash deal valued at $2.7 billion, expected to close later in 2025 subject to regulatory approvals.

- Type: Acquisition
- Announced: 2025-02-10
- Value: $2.70B
- Status: announced
- Products: lifting and material handling products, hoists and rigging equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [KKR & Co](https://endata.com/companies/7617.md) (partner)
- [Kito Crosby](https://endata.com/companies/12751.md) (target)

## Sources

- [investors.cmco.com](https://investors.cmco.com/investor-news/news-details/2025/Columbus-McKinnon-to-Combine-with-Kito-Crosby-Delivering-Compelling-Value-Creation/default.aspx), 2025-02-10: "Columbus McKinnon will acquire Kito Crosby Limited from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.