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Justice Department Requires Columbus McKinnon to Divest Assets to Proceed with Acquisition of Kito Crosby

01/29/2026 07:00 AM EST

The Justice Department's Antitrust Division announced today that it will require Columbus McKinnon Corporation (CMCO) to divest its power chain hoist and chains businesses and related assets to resolve antitrust concerns arising from its proposed $2.7 billion acquisition of Kito Crosby Limited (Kito Crosby) from funds managed by global investment firm KKR.

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