Columbus McKinnon Acquires Kito Crosby from KKR
February 4, 2026
Columbus McKinnon Corporation completed its acquisition of Kito Crosby Limited from funds managed by KKR, creating a larger global leader in lifting and securement solutions. The transaction was financed in part by an $800.0 million Series A preferred share investment from CD&R and is expected to realize $70 million of net annual run-rate cost synergies while expanding product capabilities and geographic scale.
- Buyers
- Columbus McKinnon Corporation, Clayton, Dubilier & Rice (CD&R)
- Targets
- Kito Crosby
- Sellers
- Funds managed by KKR
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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