Welcome to our dedicated page for Columbus Mckinnon N Y news (Ticker: CMCO), a resource for investors and traders seeking the latest updates and insights on Columbus Mckinnon N Y stock.
Columbus McKinnon Corporation reports developments tied to its intelligent motion solutions business for material handling. The company designs, manufactures and markets products that move, lift, position and secure materials, including hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems for commercial and industrial applications.
Recurring updates include dividend declarations, investor conference presentations, operating and financial results, capital-structure matters, material agreements, shareholder voting items and governance developments. Company communications also reflect portfolio actions involving hoist, chain manufacturing and related motion-control operations.
Columbus McKinnon (Nasdaq: CMCO) received clearance from the U.S. Department of Justice for its acquisition of Kito Crosby, subject to a consent decree requiring the divestiture of its U.S. power chain hoist and chain operations.
The deal is expected to close in February 2026, and is projected to deliver $70 million of net annual run-rate cost synergies, improved Adjusted EBITDA margin, greater scale, and enhanced global customer capabilities.
Columbus McKinnon (Nasdaq: CMCO) completed an offering of $900.0 million aggregate principal amount of 7.125% senior secured notes due 2033 to finance its pending acquisition of Kito Crosby.
Proceeds, together with the sale of Series A cumulative convertible participating preferred shares to CD&R XII Keystone Holdings and proceeds under a New Credit Agreement, will fund the Acquisition, repay Kito Crosby indebtedness, refinance certain Company debt and pay fees and expenses. The Notes are initially unsecured and will become secured and guaranteed by U.S. subsidiaries upon closing. The Notes include a special mandatory redemption if the Acquisition does not close by the End Date (August 10, 2026).
Columbus McKinnon (Nasdaq: CMCO) declared a regular quarterly dividend of $0.07 per common share. The Board approved the dividend payable on or about February 23, 2026 to shareholders of record at the close of business on February 13, 2026. The company has approximately 28.7 million common shares outstanding. The announcement reiterates Columbus McKinnon’s role as a designer, manufacturer and marketer of intelligent motion solutions for material handling and directs investors to the company website for additional information.
Columbus McKinnon (NASDAQ: CMCO) will release its third quarter fiscal 2026 results after the market close on Monday, February 9, 2026. Management will host a conference call the same day at 5:00 p.m. Eastern Time to review financial and operating results and discuss corporate strategy and outlook.
The call will be available via live webcast on the company's Investor Relations site at investors.cmco.com. A replay will be posted approximately two hours after the call and will remain available through Monday, February 16, 2026.
Columbus McKinnon (Nasdaq: CMCO) announced a syndicated and priced $1,650.0 million senior secured Term Loan B due 2033 issued at 99.0% and bearing interest at SOFR + 3.50%. Closing is expected to occur concurrently with the company’s pending acquisition of Kito Crosby, subject to customary closing conditions. The company intends to use net proceeds, together with a $900.0 million private senior notes offering, sale of Series A convertible preferred shares to CD&R, and a new $500.0 million revolving facility, to finance the acquisition, repay Kito Crosby indebtedness, refinance existing debt, and pay related fees and expenses.
Columbus McKinnon (Nasdaq: CMCO) priced an offering of $900.0 million aggregate principal amount of 7.125% senior secured notes due 2033 to help fund its pending acquisition of Kito Crosby.
The offering size was downsized from $1,225.0 million to $900.0 million and is expected to close on January 30, 2026, subject to customary conditions. Proceeds, together with preferred-share proceeds to CD&R and a New Credit Agreement, will finance the Acquisition, repay Kito Crosby indebtedness, refinance company debt and pay fees. Notes are initially unsecured and will become secured and guaranteed after Acquisition closing; a special redemption applies if the Acquisition does not close by August 10, 2026.
Columbus McKinnon (Nasdaq: CMCO) announced an offering of $1,225.0 million aggregate principal amount of senior secured notes due 2033 to help finance its pending acquisition of Kito Crosby and to refinance indebtedness. The offering is subject to market and customary conditions and is not conditioned on closing the Acquisition.
The Notes will be initially unsecured and unguaranteed, but upon closing of the Acquisition they will become first-priority secured and unconditionally guaranteed by certain U.S. subsidiaries. The Notes are offered only to qualified institutional buyers and certain accredited investors under Rule 144A, Regulation S and Regulation D. The Notes include a special mandatory redemption if the Acquisition does not close on or before August 10, 2026.
Columbus McKinnon (Nasdaq: CMCO) provided select estimated preliminary unaudited results for the fiscal third quarter ended December 31, 2025. The company expects Q3 net sales of $250M–$260M and nine‑month net sales of $747M–$757M. Adjusted EBITDA is estimated at $38M–$40M for Q3 and $115M–$117M for nine months. Adjusted EPS is expected to be $0.58–$0.63 for Q3 and $1.70–$1.75 for nine months. Orders for Q3 are estimated at $245M–$250M versus $253.7M in Q2. Backlog is estimated at $335M–$345M as of December 31, 2025. The results exclude the pending Kito Crosby acquisition and a pending divestiture, and the company updated its Adjusted EBITDA definition to add back stock‑based compensation.
Columbus McKinnon (Nasdaq: CMCO) entered a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations for $210 million plus up to $25 million earnout, with expected close in Q1 2026. Cash proceeds of about $160 million (after ~$50 million taxes and costs) are planned to reduce debt from the planned Kito Crosby acquisition. The company continues to expect $70 million of annual net run-rate cost synergies and pro forma fiscal 2026 net sales of $2.00–2.05 billion with Adjusted EBITDA of $440–460 million. Management expects deleveraging to a Net Leverage Ratio below 4.0x by end of fiscal 2028.
Columbus McKinnon (Nasdaq: CMCO) will present at the 2025 Baird Global Industrial Conference on November 12, 2025 at ~5:05 p.m. ET. The presentation will be available via live audio webcast on the company's Investor Relations webpage at investors.cmco.com. A replay will be accessible on the Investor Relations page shortly after the presentation through November 19, 2025.
Columbus McKinnon designs and manufactures intelligent motion solutions including hoists, crane components, conveyor systems, rigging tools, and digital motion control systems for commercial and industrial applications.