Columbus McKinnon Completes Acquisition of Kito Crosby

Columbus McKinnon to Acquire Kito Crosby; Announces Sale of U.S. Power Chain Hoist and Chain Manufacturing Operations to Pacific Avenue Capital Partners

January 14, 2026

Industrial Services

Columbus McKinnon reiterated that it expects to close its previously announced acquisition of Kito Crosby in the first quarter of calendar year 2026 while working through U.S. DOJ antitrust review. To help simplify the combined portfolio and reduce debt, it also entered into a definitive agreement to divest its U.S. power chain hoist and chain manufacturing operations from its Damascus, Virginia and Lexington, Tennessee facilities to an affiliate of Pacific Avenue Capital Partners for $210 million plus up to $25 million in earn out.

Wolter Inc. Acquires Cincinnati Crane & Hoist

July 16, 2024

Manufacturing

Wolter Inc., a Brookfield, Wisconsin-based material handling solutions provider, has acquired Cincinnati Crane & Hoist, a Cincinnati-area manufacturer of overhead cranes, hoists, and custom crane systems. The acquisition expands Wolter's manufacturing capabilities and product offerings in the crane and hoist market, while preserving CC&H's turnkey engineering, installation, and service capabilities.

Columbus McKinnon to Acquire montratec GmbH

April 26, 2023

Industrial Services

Columbus McKinnon executed a definitive agreement to acquire montratec GmbH in an all-cash transaction valued at approximately $110 million at closing, plus an earnout expected not to exceed $14 million. The acquisition is intended to expand Columbus McKinnon’s precision conveyance platform with intelligent automation and transport systems, including asynchronous technology.

American Equipment Holdings Acquires Kistler Crane & Hoist

February 23, 2022

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services based in Omaha, Nebraska. The deal expands American Equipment's geographic footprint into the Midwest and strengthens its quoting, engineering, parts and field service capabilities as an add-on to its consolidating platform.

The Bay Crane Companies Acquires Capital City Group

February 16, 2022

Industrial Services

The Bay Crane Companies, Inc. acquired Capital City Group, Inc., a Columbus, Ohio-based crane and rigging company, expanding Bay Crane's footprint into the Midwest and moving the combined business into the top 10 largest crane service companies in North America. Brian Gibson, Capital City's president and shareholder, will remain as President of the Columbus operation following the transaction.

Columbus McKinnon Acquires Garvey Corporation

December 1, 2021

Manufacturing

Columbus McKinnon Corporation (Nasdaq: CMCO) has completed its acquisition of Garvey Corporation, a leading accumulation systems solutions provider founded in Hammonton, New Jersey with approximately 100 employees. The purchase expands Columbus McKinnon's precision conveying and accumulation technology offerings as part of its Blueprint for Growth 2.0 strategy.