DLA Piper advises Columbus McKinnon in US$2.7 billion business combination with Kito Crosby

DLA Piper advised Columbus McKinnon Corporation, a leading designer, manufacturer, and marketer of intelligent motion solutions for material handling, in a definitive agreement to acquire Kito Crosby Limited (Kito Crosby) in an all-cash transaction valued at US$2.7 billion.

Kito Crosby is a global leader in lifting solutions with multiple manufacturing assembly plants and nearly 4,000 employees serving more than 50 countries. The business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling.

The DLA Piper global team was led overall by James Kelly (New York), Partner and Chair of the New York Private Equity practice.

DLA Piper's team in Sweden consisted of: Peder Grandinson, Emma Norburg, Rebecca Fallberg, Radwan Benachenhou, Anna Jussil Broms, Elisabet Borg, Josefine Mannerfelt, Mats Eriksson, Oskar Fröberg, Kajsa Tiderman, Joséphine Tessmar, Karl Forslin, Lovisa Åberg, Erik Brändt Öfverholm, Hanna Medelius, Linnea Wernheim, Björn Rustare, Sanna Lindgren and Cornelia Lundberg.

With more than 225 global lawyers who provide strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience and relationships to help drive value across the investment life cycle by delivering responsive, efficient and integrated solutions around the world.