Columbus McKinnon Acquires Kito Crosby for $2.7 Billion: A Significant Expansion in the Industrial Sector

In a bold move to strengthen its position in the industrial machinery market, Columbus McKinnon Corporation has announced its decision to acquire Kito Crosby from KKR, a prominent global investment firm, for a staggering sum of $2.7 billion. This acquisition marks a pivotal moment for both companies, and it underscores the ongoing consolidation trend within the industrial equipment industry.

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