Columbus McKinnon to Acquire montratec GmbH
April 26, 2023
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.
- Buyers
- Columbus McKinnon Corporation
- Targets
- montratec GmbH
- Industry
- Industrial Services
- Location
- Germany
- Transaction Type
- Addon
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