Brief: Columbus Mckinnon To Combine With Kito Crosby Delivering Compelling Value Creation

Columbus McKinnon

10/02/2025 21:36

Columbus McKinnon Corp  CMCO.O :
    * COLUMBUS MCKINNON TO COMBINE WITH KITO CROSBY DELIVERING
COMPELLING VALUE CREATION
    * COLUMBUS MCKINNON CORP - TRANSACTION VALUED AT
APPROXIMATELY
$2.7 BILLION
    * COLUMBUS MCKINNON CORP: TRANSACTION VALUED AT
APPROXIMATELY $2.7
BILLION
    * COLUMBUS MCKINNON CORP: DEAL EXPECTED TO CREATE ABOUT $70
MILLION IN ANNUAL NET COST SYNERGIES
    * COLUMBUS MCKINNON: DEAL EXPECTED TO BE ACCRETIVE TO CO'S
ADJUSTED EPS IN FIRST YEAR AFTER CLOSING AND GROW OVER TIME AS
SYNERGIES ARE ACHIEVED
    * COLUMBUS MCKINNON- INTENDS TO FUND DEAL VIA COMMITTED DEBT
FINANCING OF $3.050 BILLION FROM J.P. MORGAN

Source text:  ID:nPn3D0NTga 
Further company coverage:  CMCO.O