Columbus McKinnon Corporation has completed its acquisition of Kito Crosby Limited from funds managed by KKR. The newly combined organization will be led by an executive leadership team made up of leaders from both Columbus McKinnon and Kito Crosby, aiming to drive the next phase of growth, margin expansion, and synergy realization. The company expects the acquisition to scale its business, improve adjusted EBITDA margin, and deliver $70 million in expected net annual run rate cost synergies, with additional potential revenue synergies. As part of the deal's financing, Columbus McKinnon expanded its Board of Directors to 12 members, appointing Michael Lamach, Nate Sleeper, and Andrew Campelli.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbus McKinnon Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY78306) on February 04, 2026, and is solely responsible for the information contained therein.