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Columbus McKinnon agreed to acquire Kito Crosby Limited from funds managed by KKR in an all-cash deal valued at $2.7 billion, expected to close later in 2025 subject to regulatory approvals.
Columbus McKinnon agreed to purchase STAHL CraneSystems, a manufacturer of explosion-protected hoists and crane components, from Konecranes, which is divesting it due to EU antitrust review of its Terex deal; the price was not disclosed in the text.
