Columbus McKinnon to acquire Dorner Manufacturing from EQT
Columbus McKinnon Corporation has signed a definitive agreement to acquire Dorner Manufacturing Corporation, a leading automation solutions company providing high-precision conveying systems, from global private markets firm EQT. The acquisition is expected to be EPS accretive in fiscal 2022.
Productshigh-precision conveying systemsintelligent motion solutions
“The acquisition of Dorner provides a catalyst for growth in extremely attractive markets and begins the process of reimagining the future of Columbus McKinnon.”investors.cmco.com
- 7 sources
- investors.cmco.comColumbus McKinnon Corporation - Columbus McKinnon to Acquire Dorner Manufacturing; New Platform for Intelligent Motion Provides Catalyst for GrowthMar 1, 2021
- dornerconveyors.comDorner Acquired by Columbus McKinnon - Dorner ConveyorsBecky WelchMar 1, 2021
- prnewswire.comEQT Private Equity to sell Dorner to Columbus McKinnon for an Enterprise Value of USD 485mEQTMar 2, 2021
- cmco.comColumbus McKinnon to Acquire Dorner ManufacturingMar 4, 2021
- cmco.comColumbus McKinnon Completes Acquisition of Dorner Manufacturing Corporation
Summarized from public sources; check the original articles before acting on it.
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