Bert A. Brant
Bert A. Brant will retire from his position as Senior Vice President, Global Operations of the Company effective as of February 28, 2025
Highest-materiality recent filing
Q4 net sales $437.8M (+77%); orders $442.8M (+68%); both driven by Kito Crosby acquisition.
Columbus McKinnon closes $2.7B Kito Crosby acquisition; pro forma net loss of $105M for 9 months
Acquired Kito Crosby for $2.7B cash-free, debt-free on Feb 3, 2026 via stock purchase agreement.
Columbus McKinnon completes sale of power chain hoist and chain manufacturing ops for $210M cash
Closed sale of U.S. power chain hoist and chain manufacturing business on March 4, 2026.
Columbus McKinnon Q3 FY26 sales up 10% to $258.7M; withdraws FY guidance post Kito Crosby deal
Net sales $258.7M (+10% YoY), net income $6.0M ($0.21 EPS), adjusted EPS $0.62 (+11%).
Columbus McKinnon closes $2.7B cash acquisition of Kito Crosby on Feb 3, 2026
Acquired Kito Crosby for $2.7B in cash; financed via $1.65B term loan, $500M revolver, $900M 7.125% notes due 2033, and $800M preferred equity from CD&R.
DOJ clears Columbus McKinnon's acquisition of Kito Crosby; divestiture required, closing in Feb 2026
DOJ filed complaint and consent decree on Jan 29, 2026; Hold Separate approved by court on Jan 31, 2026.
Columbus McKinnon prices $900M 7.125% senior secured notes due 2033, down from $1.225B
Aggregate principal downsized from $1.225B to $900M; notes priced at 7.125% coupon, due 2033.
Columbus McKinnon announces $1.225B senior secured notes offering for Kito Crosby acquisition
Company offers $1.225B senior secured notes due 2033 to finance the pending Kito Crosby acquisition.
Columbus McKinnon sells U.S. hoist/chain ops for $210M; reiterates Kito Crosby close in Q1 2026
Entered definitive agreement to sell U.S. power chain hoist and chain manufacturing to Pacific Avenue affiliate for $210M plus up to $25M earnout.
CMCO Q3 (Dec 2025) preliminary: net sales $250-260M, Adj. EBITDA $38-40M, Adj. EPS $0.58-0.63.
Columbus McKinnon Q2 FY26 sales up 8% to $261M; reaffirms adj. EPS guidance
Net sales $261.0M, +7.7% YoY; U.S. sales +11.5%; net income $4.6M vs loss $15.0M.
Columbus McKinnon extends revolver maturity to 2028, eases leverage covenant
Revolving credit facility maturity extended from May 2026 to February 2028.
Columbus McKinnon reports Q1 net loss, adjusted EPS down 19.4%; reaffirms FY26 guidance
Net loss of $1.9M ($0.07 GAAP EPS loss) vs prior-year profit of $8.6M; Adjusted EPS of $0.50, down 19.4% YoY.
Kito Crosby 2024: revenue $1.10B, net income $18.5M vs prior loss; operating income $151.8M
Net sales $1,101.1M in 2024, down slightly from $1,111.1M in 2023.
Columbus McKinnon receives Second Request from DOJ Antitrust Division for Kito acquisition
On May 28, 2025, Antitrust Division issued a Second Request under HSR Act, extending waiting period.
Columbus McKinnon reports record orders $1.0B in FY25; net loss $5.1M, sales down 5%
Record orders of $1.0B in FY25, up 3% YoY; backlog up 15% to $322.5M.
Acquires all outstanding equity of Kito Crosby Limited for $2.7B in cash, subject to customary adjustments.
Net sales $234.1M, down 7.9% YoY; GAAP EPS $0.14 vs $0.34; Adjusted EPS $0.56 vs $0.74.
Columbus McKinnon Q2 GAAP EPS ($0.52) on $242M sales; orders up 16%
Orders increased 16% YoY with book-to-bill 1.08x; precision conveyance up 42%.
Columbus McKinnon Q1 sales +2% to $239.7M, adj EPS flat; Mexico relocation announced
Net sales $239.7M (+1.8% YoY); gross margin 37.1% (+30 bps); adjusted gross margin 38.0% (+110 bps).
Columbus McKinnon Reports Record Net Sales, Gross Margin and Operating Income in Fiscal 2024
Record net sales of $1.0 billion in fiscal 2024, up 8% year-over-year, driven by growth across all geographies including montratec acquisition.
Bert A. Brant will retire from his position as Senior Vice President, Global Operations of the Company effective as of February 28, 2025
On August 6, 2024, Terry J. Schadeberg, President, Americas, of Columbus McKinnon Corporation (the “Company”) notified the Company that he plans to retire from the Company effective September 20, 2024.
Upon Mr. Schadeberg’s retirement, Jon Adams, currently CFO America’s will assume the position of President, Americas, of the Company.
On March 18, 2024, Columbus McKinnon Corporation (the "Company") announced the election of Chris J. Stephens Jr. to its Board of Directors (the "Board"), effective immediately.
Max materiality 0.95 · Median 0.60 · Most common event earnings