Columbus McKinnon (NASDAQ: CMCO) sells hoist and chain unit for $210M

Rhea-AI Filing Summary

Columbus McKinnon Corporation entered into an Equity Purchase Agreement to sell 100% of the equity interests of Royal NY Company Holdings, LLC and its U.S. power chain hoist (excluding Little Mule products) and chain manufacturing operations to Star Hoist Intermediate, LLC. The purchase price is $210,000,000, subject to customary adjustments for working capital, indebtedness and transaction expenses. The Company may also receive an additional $25,000,000 earnout if net sales of the business exceed an agreed threshold during the 2027 and 2028 fiscal years, with provisions for prorated earnout payments or reduced thresholds if the buyer sells or discontinues certain product lines. Closing is targeted for January 30, 2026 or a later agreed date, subject to customary conditions and termination rights if not completed by April 30, 2026.

Insights

M&A and corporate strategy analyst

Columbus McKinnon is divesting a major hoist and chain operation for $210M plus a potential $25M earnout under performance conditions.

The transaction centers on selling 100% of the equity of Royal NY Company Holdings, LLC and the U.S. power chain hoist and chain manufacturing operations (excluding Little Mule products) to Star Hoist Intermediate, LLC. The stated purchase price is $210,000,000, subject to typical adjustments for working capital, indebtedness, and transaction expenses, which means the final consideration can move up or down around that headline figure.

An additional earnout of up to $25,000,000 is tied to the business achieving a specified net sales threshold over fiscal 2027 and 2028. The agreement adjusts this earnout if the buyer disposes of a majority interest in the business or discontinues/sells certain product lines before set dates, either through prorated payments or by lowering the net sales threshold. Closing is expected around January 30, 2026, with a long-stop date of April 30, 2026 and standard closing conditions and termination rights, so actual completion timing depends on those conditions being satisfied or waived.

8-K Event Classification

3 items: 1.01, 7.01, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

COLUMBUS MCKINNON CORP false 0001005229 0001005229 2026-01-13 2026-01-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 13, 2026

Columbus McKinnon Corporation

(Exact name of registrant as specified in its charter)

New York		001-34362		16-0547600
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification Number)

13320 Ballantyne Corporate Place, Suite D		Charlotte		NC		28277
(Address of principal executive offices)						(Zip Code)

(716) 689-5400

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common stock, $0.01 par value per share		CMCO		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On January 13, 2026, Columbus McKinnon Corporation (the “Company” or “Seller”) entered into an Equity Purchase Agreement (the “Agreement”) by and among the Company, Star Hoist Intermediate, LLC (“Buyer”) and Royal NY Company Holdings, LLC (“Holdings”) providing for the sale (the “Sale”) of 100% of the equity interests of Holdings and the Company’s U.S. power chain hoist (other than with respect to Little Mule^® products) and chain manufacturing operations (the “Business”).

The purchase price for the transaction is $210,000,000, subject to customary adjustments for a transaction of this type, including working capital, to the extent actual working capital exceeds the negotiated upper or lower thresholds, indebtedness and transaction expenses. In addition, the Agreement provides that Seller may receive an earnout payment of $25,000,000 (the “Earnout Amount”), provided that net sales of the Business exceed a certain threshold during the 2027 and 2028 fiscal years (the “Earnout Threshold”). In the event that Buyer sells, transfers or otherwise disposes of a majority of the interests of Holdings or all or substantially all of the assets of the Business or grants certain exclusive licenses with respect to lines of Business products prior to a certain date, Seller shall be entitled to receive a prorated payment of the Earnout Amount. In addition, to the extent any lines of Business products are discontinued or sold prior to a certain date, the Earnout Threshold will be proportionately reduced.

The Agreement contains customary representations and warranties of the parties, covenants regarding the conduct of Seller and Holdings with respect to the Business prior to closing, and customary post-closing covenants. The Agreement also includes indemnification provisions in favor of the parties.

The Sale is expected to close, subject to satisfaction or waiver of all closing conditions, on (i) January 30, 2026, (ii) the last business day of the month in which all closing conditions are satisfied or (ii) such date as mutually agreed by the parties. The closing of the Sale is subject to customary closing conditions, including, among others, the accuracy of representations and warranties, compliance with covenants, execution of certain transition agreements, receipt of a payoff letter for outstanding indebtedness, receipt of certain third-party consents, absence of certain material adverse effects, and the delivery of customary closing deliverables. The Agreement may be terminated by the parties under certain circumstances, including by mutual consent, upon the occurrence of specified termination events or if the Sale has not been consummated by April 30, 2026.

In connection with the Sale, on January 13, 2026, the Company entered into two Contribution Agreements (collectively the “Contribution Agreements”) with Holdings pursuant to which the Company will contribute to Holdings the assets relating to the Business and Holdings agreed to assume certain liabilities associated with such assets.

The foregoing descriptions of the Agreement and the Contribution Agreements, including the descriptions of the transactions contemplated thereby, do not purport to be complete and are qualified in their entirety by reference to the full text of the Agreement and the Contribution Agreements, respectively. Copies of the Agreement and the Contribution Agreements are attached as Exhibits 2.1, 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On January 14, 2026, the Company issued a press release announcing the Sale. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Exhibits

(d) Exhibits.

Exhibit No.		Description of Exhibits
2.1†+		Equity Purchase Agreement, dated January 13, 2026, by and among Columbus McKinnon Corporation, Royal NY Company Holdings, LLC and Star Hoist Intermediate, LLC
10.1		Contribution Agreement, dated January 13, 2026, by and between Columbus McKinnon Corporation and Royal NY Company Holdings, LLC
10.2		Contribution Agreement, dated January 13, 2026, by and between Columbus McKinnon Corporation and Royal NY Company Holdings, LLC
99.1		Press Release dated January 14, 2026
104.1		Cover Page Interactive Data File (embedded within the Inline XBRL document)

† The schedules and exhibits to this Exhibit have been omitted in accordance with Regulation S-K Item 601(b)(2). The registrant agrees to furnish supplementally a copy of all omitted schedules and exhibits to the Securities and Exchange Commission upon its request.

+ Portions of this Exhibit have been omitted pursuant to Item 601 of Regulation S-K because the information is not material and would be competitively harmful if publicly disclosed.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						COLUMBUS McKINNON CORPORATION
Date: January 14, 2026						/s/ Gregory P. Rustowicz
						Gregory P. Rustowicz
						Executive Vice President Finance and Chief Financial Officer (Principal Financial Officer)

FAQ

What business is Columbus McKinnon (CMCO) selling in this 8-K?

Columbus McKinnon is selling 100% of the equity interests of Royal NY Company Holdings, LLC and its U.S. power chain hoist (excluding Little Mule products) and chain manufacturing operations to Star Hoist Intermediate, LLC.

How much is Columbus McKinnon receiving for the sale of the hoist and chain business?

The transaction has a stated purchase price of $210,000,000, subject to customary adjustments for working capital, indebtedness and transaction expenses.

What is the potential earnout in Columbus McKinnon’s sale of the business?

The Agreement provides for a potential earnout payment of up to $25,000,000 if net sales of the business exceed a specified threshold during the fiscal years 2027 and 2028, with mechanisms for prorated payments or reduced thresholds if the buyer sells or discontinues certain product lines before certain dates.

When is the sale of Columbus McKinnon’s hoist and chain business expected to close?

The sale is expected to close on January 30, 2026, on the last business day of the month in which all closing conditions are satisfied, or on another date mutually agreed by the parties, with the transaction terminable if not consummated by April 30, 2026.

What conditions must be met before Columbus McKinnon’s sale of the business can close?

Closing is subject to customary conditions including accuracy of representations and warranties, compliance with covenants, execution of transition agreements, receipt of a payoff letter for outstanding indebtedness, certain third-party consents, absence of specified material adverse effects, and delivery of customary closing deliverables.

What related agreements did Columbus McKinnon enter into for this transaction?

Columbus McKinnon entered into an Equity Purchase Agreement with Star Hoist Intermediate, LLC and Royal NY Company Holdings, LLC, and two Contribution Agreements under which it will contribute business assets to Holdings, which will assume certain associated liabilities.

Did Columbus McKinnon issue a press release about the sale of the business?

Yes, Columbus McKinnon issued a press release on January 14, 2026 announcing the sale, which is furnished as Exhibit 99.1 and is not deemed filed for purposes of Section 18 of the Exchange Act.