The Crosby Group to acquire KITO CORPORATION for JPY 2,725 per share

The Crosby Group has entered into a definitive agreement to acquire all outstanding shares of KITO CORPORATION via a cash tender offer at JPY 2,725 per share, combining two lifting solutions providers. The deal is expected to close in H2 2022.

“This is an extraordinary opportunity to bring together two companies with differentiated, industry-leading capabilities, to create exceptional value for all stakeholders”news.kitocrosby.com

• 3 sources
• news.kitocrosby.comThe Crosby Group and KITO CORPORATION to combine, creating integrated lifting solutions providerCrosbyMay 16, 2022
• kirkland.comKirkland Advises The Crosby Group on Combination with KITO Corporation | News | Kirkland & Ellis LLPMay 16, 2022
• kitocrosby.comThe Crosby Group and KITO CORPORATION to combine, creating integrated lifting solutions providerMay 16, 2022

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