BRIEF-Columbus Mckinnon To Combine With Kito Crosby Delivering Compelling Value Creation

Columbus McKinnon Corp CMCO.O:

• COLUMBUS MCKINNON TO COMBINE WITH KITO CROSBY DELIVERING COMPELLING VALUE CREATION

• COLUMBUS MCKINNON CORP - TRANSACTION VALUED AT APPROXIMATELY $2.7 BILLION

• COLUMBUS MCKINNON CORP: TRANSACTION VALUED AT APPROXIMATELY $2.7 BILLION

• COLUMBUS MCKINNON CORP: DEAL EXPECTED TO CREATE ABOUT $70 MILLION IN ANNUAL NET COST SYNERGIES

• COLUMBUS MCKINNON: DEAL EXPECTED TO BE ACCRETIVE TO CO'S ADJUSTED EPS IN FIRST YEAR AFTER CLOSING AND GROW OVER TIME AS SYNERGIES ARE ACHIEVED

• COLUMBUS MCKINNON- INTENDS TO FUND DEAL VIA COMMITTED DEBT FINANCING OF $3.050 BILLION FROM J.P. MORGAN

Source text: ID:nPn3D0NTga

Further company coverage: CMCO.O