Columbus McKinnon Corporation acquired montratec GmbH for €101.25 million (~$110 million), a transaction announced in May 2023.
Acquired the German developer of intelligent monorail transport/automation systems (serving EV, semiconductor, electronics, life sciences and aerospace), extending the intelligent-motion automation platform alongside Dorner and Garvey.
Acquired the German developer of intelligent monorail transport/automation systems (serving EV, semiconductor, electronics, life sciences and aerospace), extending the intelligent-motion automation platform alongside Dorner and Garvey.
Columbus McKinnon EMEA will acquire all of the issued and outstanding capital stock of montratec GmbH ... for a purchase price of €101.25 million.
Advisory firms were not disclosed for this transaction.