About This Deal

Columbus McKinnon Corporation acquired Magnetek, Inc. for $188.9 million, a transaction announced in September 2015.

All-cash tender offer at $50.00 per share for the maker of digital power and motion control systems for material handling, elevators and mining, adding complementary controls and drives to Columbus McKinnon's hoist portfolio.

All-cash tender offer at $50.00 per share for the maker of digital power and motion control systems for material handling, elevators and mining, adding complementary controls and drives to Columbus McKinnon's hoist portfolio.

Deal Terms

Acquirer
Columbus McKinnon Corporation
Target
Magnetek, Inc.
Value
$188.9 million
Date
September 2015
Type
Full acquisition
Status
Completed

Transaction Details

Announced
September 1, 2015

In Their Words

Columbus McKinnon to acquire all of the outstanding shares of Magnetek for $50 per share for a total value of $188.9 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how VectorShift works for your firm

Request Demo