# Columbus McKinnon closes acquisition of montratec GmbH

Columbus McKinnon Corporation closed its acquisition of montratec GmbH, a provider of intelligent automation and transport systems, for approximately $110 million in cash.

- Type: Acquisition
- Announced: 2019-03-06
- Where: Germany
- Value: $110.0M
- Status: completed
- Products: intelligent automation and transport systems, precision conveying platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [Montratec](https://endata.com/companies/17261.md) (target)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/bizwire-2023-5-31-columbus-mckinnon-closes-acquisition-of-montratec-gmbh), 2019-03-06: "Columbus McKinnon Corporation today announced that it has closed the previously announced acquisition of montratec GmbH, a leading automation solutions company."

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