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Columbus Mckinnon ( (CMCO) ) has shared an announcement.
On February 10, 2025, Columbus McKinnon entered into a stock purchase agreement to acquire all outstanding equity of Kito Crosby Limited for approximately $2.7 billion in cash on a cash-free, debt-free basis, with closing expected in the first quarter of calendar 2026, and Kito Crosby to become a wholly owned subsidiary. In connection with this pending acquisition and a planned divestiture of its U.S. power chain hoist and chain manufacturing operations in Damascus, Virginia, and Lexington, Tennessee, the company has provided investors with unaudited pro forma condensed combined financial information for the six months ended September 30, 2025 and the fiscal year ended March 31, 2025, reflecting the impact of these transactions as if completed earlier, along with details of a new financing package that includes a $1.65 billion term loan B facility, a $500 million revolving credit facility and a previously announced $900 million senior secured notes offering; these steps illustrate a significant balance sheet expansion and portfolio repositioning that will materially change Columbus McKinnon’s capital structure, scale, and business mix, though the pro forma figures remain preliminary and may change as the transactions close and final accounting is completed.
The most recent analyst rating on (CMCO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
Spark’s Take on CMCO Stock
According to Spark, TipRanks’ AI Analyst, CMCO is a Neutral.
CMCO’s score is driven primarily by improving financial stability and cash generation plus constructive technical momentum. Offsetting these positives are very stretched valuation (high P/E) and execution/margin risks highlighted by tariff headwinds and the acquisition-related capital structure changes.
To see Spark’s full report on CMCO stock, click here.
More about Columbus Mckinnon
Columbus McKinnon Corporation operates in the industrial lifting, motion control, and material handling sector, providing hoists, cranes, rigging products, and related solutions to industrial and commercial customers. Its market focus spans global end-markets that rely on lifting and secure load-handling equipment, and the company is actively reshaping its portfolio through acquisitions and divestitures to align with higher-growth, higher-margin businesses.
Average Trading Volume: 283,263
Technical Sentiment Signal: Sell
Current Market Cap: $596.1M
Find detailed analytics on CMCO stock on TipRanks’ Stock Analysis page.