# 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.

- Type: Acquisition
- Announced: 2021-03-01
- Where: Hartland, Wisconsin, United States
- Value: $485.0M
- Jobs: 400
- Status: announced
- Products: high-precision conveying systems, intelligent motion solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [EQT](https://endata.com/companies/3219.md) (investor)
- [Dorner Holding Company](https://endata.com/companies/16908.md) (target)
- [EQT Private Equity](https://endata.com/companies/51691.md) (partner)
- [Dorner Manufacturing Corporation](https://endata.com/companies/53535.md) (target)

## Sources

- [investors.cmco.com](https://investors.cmco.com/investor-news/news-details/2021/Columbus-McKinnon-to-Acquire-Dorner-Manufacturing-New-Platform-for-Intelligent-Motion-Provides-Catalyst-for-Growth/default.aspx), 2021-03-01: "The acquisition of Dorner provides a catalyst for growth in extremely attractive markets and begins the process of reimagining the future of Columbus McKinnon."
- [dornerconveyors.com](https://www.dornerconveyors.com/blog/dorner-acquired-by-columbus-mckinnon), 2021-03-01: "We are happy to announce that Dorner has entered into an agreement to be acquired by Columbus McKinnon."
- [prnewswire.com](https://www.prnewswire.com/news-releases/eqt-private-equity-to-sell-dorner-to-columbus-mckinnon-for-an-enterprise-value-of-usd-485m-301237973.html), 2021-03-02: "EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Dorner to Columbus McKinnon Corporation for an Enterprise Value of USD 485m."
- [cmco.com](https://www.cmco.com/en-ca/resources/articles/dorner-aquisition/), 2021-03-04: "The acquisition of Dorner provides a catalyst for growth in extremely attractive markets and begins the process of reimagining the future of Columbus McKinnon."
- [cmco.com](https://www.cmco.com/en-us/resources/cmco-articles/dorner-acquisition-completed/), 2021-04-07: "The acquisition of Dorner significantly advances our growth objectives and strategy by providing a new platform in the specialty conveying space"
- [stocktitan.net](https://www.stocktitan.net/news/CMCO/columbus-mc-kinnon-completes-acquisition-of-dorner-manufacturing-f8o89w9hpeu2.html), 2021-04-07: "The acquisition of Dorner significantly advances our growth objectives and strategy by providing a new platform in the specialty conveying space."
- [techma.bakertilly.es](http://techma.bakertilly.es/en/the-3-most-relevant-acquisitions-in-industrial-automation/), 2021-06-15: "Columbus McKinnon based in Buffalo, USA, announced on 1 March the purchase of the US-based company Dorner Holding Corporation 485 million, with the deal expected to close in the first quarter of 2022."

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