The Crosby Group to acquire KITO Corp.

The Crosby Group and KITO Corp. have entered into a definitive agreement for The Crosby Group to acquire all outstanding shares of KITO through a cash tender offer. The transaction is expected to close in the second half of 2022.

“The Crosby Group and KITO Corp., parent company of Harrington Hoists, have entered into a definitive agreement to combine both businesses.”ivsinvestmentbanking.com

• 2 sources
• ivsinvestmentbanking.comThe Crosby Group and KITO Corp. combine - IVSKelli HefnerJul 14, 2022
• wireropenews.comThe Crosby Group and KITO Corporation to CombineAug 18, 2022

Summarized from public sources; check the original articles before acting on it.