Columbus McKinnon Corporation acquired STAHL CraneSystems for €224 million (~$240 million), a transaction announced in January 2017.
Purchased the explosion-protected hoist and crane-component business divested by Konecranes (following its Terex MHPS deal), making Columbus McKinnon the second-largest global hoist manufacturer and deepening its EMEA presence.
Purchased the explosion-protected hoist and crane-component business divested by Konecranes (following its Terex MHPS deal), making Columbus McKinnon the second-largest global hoist manufacturer and deepening its EMEA presence.
the total consideration for the transaction will be €224 million (~$240 million) on a cash-free, debt-free basis and adjusted for Working Capital, with an earn-out potential of up to €230 million.
Advisory firms were not disclosed for this transaction.