US EditionAmid Tariffs, Columbus McKinnon to Acquire Kito Crosby for $2.7B
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Amid Tariffs, Columbus McKinnon to Acquire Kito Crosby for $2.7B
As the Trump Administration works to bolster American manufacturing via tariffs, Charlotte, North Carolina-based manufacturing giant Columbus McKinnon Corporation (Nasdaq: CMCO) announced plans to acquire Kito Crosby Limited (Kito Crosby) for $2.7 billion. The all-cash deal is subject to regulatory approvals and post-closing purchase price adjustments but is expected to close later this year. “Kito Crosby is a global leader in lifting solutions
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