Columbus McKinnon Corporation filed an 8-K noting its presentation at the 2026 J.P. Morgan Industrials Conference and furnishing updated strategic and financial metrics. The deck highlights a trailing twelve-month net sales base of about $2.0B, Adjusted Gross Margin of roughly 36% and Credit Agreement Adjusted EBITDA Margin near 22% for the period ended September 30, 2025.
Management emphasizes an investment thesis built on revenue growth, margin expansion and strong free cash flow generation, with Free Cash Flow Conversion above 100%. The company describes the Kito Crosby acquisition as materially increasing scale and recurring consumables revenue, and targets approximately $70M of annual net run rate cost synergies by year three, plus additional revenue synergy upside. Columbus McKinnon also reiterates a long-term Net Leverage Ratio goal below 2x and an objective to reduce Net Leverage Ratio to below 4.0x by the end of fiscal 2028 through cash flow and integration execution.
Columbus McKinnon has closed its acquisition of Kito Crosby Limited and released detailed unaudited pro forma financials showing how the combined company would look after the deal and a related divestiture. The company agreed to acquire Kito Crosby for cash consideration of $2.7 billion, with total purchase consideration of about $3.0 billion after adjustments and transaction payments.
The purchase was funded with a new $1.65 billion term loan B, a $500 million revolving credit facility (with $75 million initially drawn), a $900 million offering of 7.125% senior secured notes due 2033, and the sale of $800 million of 7.0% Series A convertible preferred shares, initially convertible at $37.68 per common share. In parallel, Columbus McKinnon sold its U.S. power chain hoist and chain manufacturing operations for about $210 million, and plans to use the equivalent of all net proceeds to repay a portion of the new term loan. The pro forma statements reflect higher interest and amortization from the new capital structure, significant new goodwill and intangibles, and removal of the divested business, illustrating how leverage and earnings could change post‑transaction.
Columbus McKinnon has completed the sale of its U.S. power chain hoist and chain manufacturing operations to Star Hoist Intermediate for $210.0 million in cash, with a possible additional $25.0 million earnout if the divested business exceeds a sales threshold in fiscal 2027–2028.
The company plans to use the divestiture proceeds, after taxes and transaction costs, to repay part of its new Term Loan B facility. This divestiture is presented together with the recently closed $2.7 billion cash acquisition of Kito Crosby, which is financed by a $1.650 billion Term Loan B, a $500.0 million revolving credit facility (with $75.0 million drawn), $900.0 million of 7.125% senior secured notes due 2033, and $800.0 million of 7.00% Series A convertible preferred shares.
Columbus McKinnon Corp insider Alan S. Korman reported a small share sale linked to the termination of the company’s Employee Stock Ownership Plan (ESOP). On this Form 4, he sold 302 shares of common stock at $19.15 per share in an open-market transaction, reflecting ESOP shares previously allocated to him.
After this sale, he directly holds 51,532.3931 common shares, including 14,234.3931 restricted shares that vest over time if he remains an employee. These awards are scheduled to vest in tranches between May 2026 and later dates under the company’s equity compensation terms.
Columbus McKinnon senior vice president Mark R. Paradowski reported an open-market sale of 1,502 shares of common stock at $19.15 per share. The transaction involved shares previously allocated to him under the company’s Employee Stock Ownership Plan in connection with the ESOP’s termination.
After this ESOP-related sale, Paradowski’s indirect ESOP holdings were reduced to zero, while his direct ownership is reported at 32,307.2377 shares, including 8,734.2377 restricted shares that vest over time if he remains an employee.
Columbus McKinnon Corp executive Gregory P. Rustowicz reported a small stock sale tied to the termination of the company’s Employee Stock Ownership Plan (ESOP). On 242 shares of common stock previously allocated to him under the ESOP, he executed an open-market sale at $19.15 per share in connection with the plan’s termination.
After this transaction, he directly held 95,671.3083 shares of common stock. This direct position includes 19,582.3083 restricted shares that may be forfeited if employment conditions are not met, with specific vesting schedules running from May 2026 through May 2029.
COLUMBUS MCKINNON CORP director Michael Dastoor reported acquiring 3,256 shares of common stock through the exercise and distribution of deferred stock units on January 1, 2026. A remaining 0.829 unit was settled in cash of $14.34. This amended Form 4 corrects the number of shares that had been inadvertently misstated in a prior report and shows that Dastoor directly holds 32,175 common shares following the transaction.
COLUMBUS MCKINNON CORP director Michael Dastoor filed an amended insider report to correct a previously misstated share amount. The amendment updates his direct holdings of common stock to 28,919 shares following the reported transaction dated November 17, 2025. The filing clarifies ownership rather than reporting a new purchase or sale.
Columbus McKinnon director Michael Dastoor filed an amended insider report to correct previously reported share ownership. The Form 4/A shows he directly owns 28,919 shares of common stock following the change. The footnote explains the earlier Form 4 inadvertently misstated the amount of shares.
Columbus McKinnon director Kathryn V. Bohl reported multiple acquisitions of deferred stock units tied to company common shares. On February 23, 2026, she received a total of 72.2635 deferred stock units through grants classified as “grant, award, or other acquisition,” at a stated price of $0.0000 per unit, primarily attributable to dividend reinvestment. Each deferred stock unit equals one share of Columbus McKinnon common stock, and the deferred shares will be delivered after she ceases to be a director under the applicable plan. Following these transactions, she also directly holds 14,812 shares of common stock.