$CMCO·8-K

COLUMBUS MCKINNON CORP · Jan 14, 9:20 AM ET

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COLUMBUS MCKINNON CORP 8-K

Research Summary

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Columbus McKinnon Prelim Results; Kito Crosby Lender Presentation

What Happened
Columbus McKinnon Corporation (CMCO) filed a Form 8‑K on January 14, 2026 announcing preliminary estimated financial results for the three‑ and nine‑month periods ended December 31, 2025 and furnishing a lender presentation related to its proposed acquisition of Kito Crosby Limited. The lender presentation and certain supporting financial information for Kito Crosby (interim unaudited statements) were provided to prospective lenders as CMCO seeks a proposed term‑loan financing for the acquisition under the Stock Purchase Agreement dated February 10, 2025.

Key Details

  • Kito Crosby preliminary unaudited FY 2025 estimates: net sales $1,130M–$1,140M; Adjusted EBITDA $268M–$275M. Orders received estimated $1,175M–$1,180M; backlog estimated $200M–$205M.
  • CMCO disclosed preliminary estimates for the Divestiture Business (U.S. power chain hoist & chain manufacturing): for quarter ended Dec 31, 2025 — net sales $33M–$36M and Adjusted EBITDA $10M–$15M; for nine months — net sales $100M–$105M and Adjusted EBITDA $30M–$38M.
  • All disclosed Kito Crosby and Divestiture Business figures are preliminary, unaudited, subject to change upon fiscal close and audit; Deloitte & Touche LLP (Kito Crosby) and Ernst & Young LLP (Divestiture Business) have not audited these estimates. CMCO did not provide GAAP reconciliations for the stated Adjusted EBITDA ranges because close procedures are incomplete.
  • The lender presentation (Exhibit 99.2) and Kito Crosby interim condensed consolidated financial statements (Exhibit 99.3) were furnished under Regulation FD in connection with proposed term‑loan financing.

Why It Matters
These disclosures give investors an early, unaudited look at the scale and profitability CMCO is acquiring with Kito Crosby and the near‑term contribution (and planned divestiture) of its U.S. power chain business. The size of Kito Crosby’s revenue and Adjusted EBITDA ranges helps indicate the potential impact on CMCO’s consolidated results and the financing required (term loan) to close the deal. However, the numbers are preliminary and unaudited; investors should treat them as estimates until final audited results and any GAAP reconciliations are released.

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