# Columbus McKinnon completes acquisition of STAHL CraneSystems

Columbus McKinnon Corporation completed its acquisition of STAHL CraneSystems GmbH and nine affiliates from Konecranes Plc for EUR 224 million (USD 240 million) net of cash and debt.

- Type: Acquisition
- Announced: 2017-01-31
- Where: Amherst, New York, United States
- Value: $240.0M (224.0M EUR)
- Status: completed
- Products: crane systems, hoists
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [STAHL CraneSystems](https://endata.com/companies/510.md) (target)
- [Konecranes](https://endata.com/companies/511.md) (partner)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/columbus-mckinnon-completes-stahl-acquisition.aspx?n=18641), 2017-02-09: "Combined with our Magnetek acquisition, we have measurably expanded our value proposition for our customers."
- [getfilings.com](https://getfilings.com/sec-filings/170413/COLUMBUS-MCKINNON-CORP_8-K.A/), 2017-04-13: "Columbus McKinnon Corporation (the 'Company') filed a Form 8-K on January 31, 2017, reporting, among other things, the Company's acquisition of STAHL CraneSystems business (STAHL)."

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