COLUMBUS MCKINNON CORP (CMCO): M&A transaction — Columbus McKinnon completes sale of power chain hoist and chain manufacturing ops for $210M cash

COLUMBUS MCKINNON CORP

Closed sale of U.S. power chain hoist and chain manufacturing business on March 4, 2026.
Received $210M cash at closing; potential $25M earnout if net sales exceed threshold in FY2027/28.
Net proceeds to repay a portion of Term Loan B Facility, reducing debt from Kito Crosby financing.
Pro forma combined revenue for nine months ended Dec 2025: $1.49B; net loss attributable to common: $105M.
Pro forma combined balance sheet shows total debt of $2.42B and preferred stock of $788M.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.99

COLUMBUS MCKINNON CORP completed a disposition involving Star Hoist Intermediate, LLC for $210.0 million in cash (closed 2026-03-04).

Action: disposition
Counterparty: Star Hoist Intermediate, LLC
Consideration: $210.0 million in cash
Closing: 2026-03-04

Exact text from the filing

On March 4, 2026, upon the terms and subject to the conditions set forth in the Equity Purchase Agreement, the Company completed the Divestiture. The aggregate consideration paid to the Company at the closing of the Divestiture was $210.0 million in cash, subject to customary adjustments for a transaction of this type, including working capital, to the extent actual working capital exceeded the negotiated upper or lower thresholds, indebtedness and transaction expenses.

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Source: SEC EDGAR

accession 0001193125-26-091466

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