CHARLOTTE, N.C., Feb. 9, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2026 third quarter, which ended December 31, 2025. Third Quarter 2026 Highlights (compared with prior-year period, except where otherwise noted) "Our team delivered double-digit sales, order and EPS growth in the quarter, ahea ...

Columbus McKinnon Completes Acquisition of Kito Crosby [Accessibility Statement] Skip Navigation- Executive Leadership Team appointed to drive growth, margin expansion, synergy realization and net leverage reduction- Business combination with Kito Crosby expected to scale the business, deliver improved Adjusted EBITDA Margin and enhance shareholder value through the delivery of $70 million of expected net annual run rate cost synergies- Complementary combination creates a global leader in lifting solutions ...

CHARLOTTE, N.C., Feb. 2, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced it has received clearance from the Antitrust Division of the U.S. Department of Justice (the "DOJ") for its previously announced acquisition (the "Acquisition") of Kito Crosby Limited ("Kito Crosby").     In connection with the DOJ's review of the Acquisition, Co ...

CHARLOTTE, N.C., Jan. 30, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced today it has completed its offering of $900.0 million in aggregate principal amount of 7.125% senior secured notes due 2033 (the "Notes") in connection with the Company's previously announced pending acquisition (the "Acquisition") of Kito Crosby Limited ("Kito Crosby ...

Core Viewpoint - Columbus McKinnon Corporation will release its third quarter fiscal 2026 results on February 9, 2026, after market close [1] Group 1: Financial Results Announcement - The company will host a conference call on February 9, 2026, at 5:00 p.m. Eastern Time to discuss financial and operational results [2] - The conference call will be available via live webcast on the company's Investor Relations webpage, with a replay accessible until February 16, 2026 [2] Group 2: Company Overview - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling [3] - The company focuses on commercial and industrial applications, providing safety and quality through superior design and engineering [3] - Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems [3]

Core Viewpoint - Columbus McKinnon Corporation has successfully syndicated and priced a new $1,650.0 million senior secured term loan B due 2033 to finance its acquisition of Kito Crosby Limited [1][2] Group 1: Financing Details - The new term loan will be issued at a price equal to 99.0% of its face value and will bear interest at SOFR plus 3.50% [1] - The net proceeds from the term loan, along with other financing sources including a private offering of $900.0 million in senior secured notes and a new revolving facility of $500.0 million, will be used to finance the acquisition, refinance existing debt, and cover related fees and expenses [2] Group 2: Company Overview - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions, focusing on commercial and industrial applications [4] - The company's key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems [4]

Core Viewpoint - Columbus McKinnon Corporation is offering $1,225.0 million in senior secured notes to finance the acquisition of Kito Crosby Limited, with the offering subject to market conditions [1][2]. Financing Details - The net proceeds from the notes offering will be used to finance the acquisition, repay Kito Crosby's existing debt, refinance Columbus McKinnon's existing debt, and cover related fees and expenses [2]. - The offering is not contingent upon the completion of the acquisition, but the notes will be subject to mandatory redemption if the acquisition does not close by August 10, 2026, or if the company determines it will not occur by that date [3]. Security and Guarantees - Initially, the notes will be unsecured and not guaranteed by any subsidiary. After the acquisition, they will be secured by a first priority interest in the company's assets and guaranteed by its U.S. subsidiaries [4]. Regulatory Information - The notes and related guarantees will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and certain accredited investors [5]. Company Overview - Columbus McKinnon is a leading designer, manufacturer, and marketer of intelligent motion solutions, focusing on commercial and industrial applications that require safety and quality [7].

Core Viewpoint - Columbus McKinnon Corporation has announced preliminary unaudited financial results for its third quarter ending December 31, 2025, indicating expected growth in net sales and adjusted EBITDA compared to previous periods [1][2]. Financial Performance - The company anticipates net sales between $250 million to $260 million for Q3 2025 and between $747 million to $757 million for the nine months ended December 31, 2025 [2]. - Adjusted EBITDA is expected to range from $38 million to $40 million for Q3 2025 and between $115 million to $117 million for the nine months ended December 31, 2025 [2]. - Adjusted EPS is projected to be between $0.58 to $0.63 for Q3 2025 and between $1.70 to $1.75 for the nine months ended December 31, 2025 [3]. Orders and Backlog - The company estimates that orders received during Q3 2025 will be between $245 million and $250 million, a decrease from $253.7 million in Q2 2026 [3]. - Backlog is expected to be between $335 million and $345 million as of December 31, 2025, reflecting a 3% decrease from $351.6 million in Q2 2026 but a 5% increase from $322.5 million at the end of fiscal 2025 [4]. Acquisition and Divestiture - The preliminary financial results do not account for the pending acquisition of Kito Crosby Limited or the divestiture of its U.S. power chain hoist and chain manufacturing operations [5]. Adjusted EBITDA Definition Update - The company has revised its definition of Adjusted EBITDA to include stock-based compensation expense, aiming to provide investors with a clearer understanding of underlying performance [5].

Core Viewpoint - Columbus McKinnon Corporation has announced a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations for $210 million, with a potential earn-out of $25 million, to Pacific Avenue Capital Partners, aiming to simplify its portfolio and reduce debt while progressing towards the acquisition of Kito Crosby Limited [1][2][3]. Divestiture Details - The divestiture involves operations based in Damascus, Virginia, and Lexington, Tennessee, and is expected to close in the first quarter of calendar year 2026 [1]. - Cash proceeds of approximately $160 million are anticipated to be used for debt reduction related to the acquisition of Kito Crosby, aligning with the company's capital allocation priority [2]. Strategic Rationale - The divestiture is seen as a means to simplify the company's portfolio and reduce product redundancies with Kito Crosby, enhancing the combined business's customer value proposition [3][4]. - The acquisition of Kito Crosby is expected to create significant scale and capabilities, improving service across diverse markets [4][5]. Financial Outlook - The company expects to achieve $70 million in annual net run rate cost synergies post-acquisition, contributing to a projected Adjusted EBITDA margin in the mid-20% range [5][9]. - Following the acquisition and divestiture, the company anticipates combined net sales of approximately $2.00 billion to $2.05 billion and Adjusted EBITDA between $440 million and $460 million for fiscal 2026 [9]. Regulatory Process - Columbus McKinnon is actively working with the Antitrust Division of the U.S. Department of Justice to facilitate the acquisition's closure within the expected timeline [4][6]. Future Capital Allocation - The primary focus for capital allocation post-transaction will be on debt reduction, with expectations to achieve a Net Leverage Ratio below 4.0x by the end of fiscal 2028 [8][9].

Core Viewpoint - Columbus McKinnon Corporation will present at the 2025 Baird Global Industrial Conference on November 12, 2025, at approximately 5:05 p.m. Eastern Time [1]. Company Overview - Columbus McKinnon is a leading worldwide designer, manufacturer, and marketer of intelligent motion solutions, focusing on efficiently and ergonomically moving, lifting, positioning, and securing materials [3]. - Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems [3]. - The company emphasizes safety and quality through superior design and engineering know-how in commercial and industrial applications [3]. Investor Relations - A live audio webcast of the presentation will be available on the Columbus McKinnon Investor Relations webpage, with a replay accessible until November 19, 2025 [2].