---
title: "Columbus McKinnon Bets Big On Kito Crosby, Dumps Non-Core Units"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272585106.md"
description: "Columbus McKinnon Corp. (NASDAQ:CMCO) stock rose 5.19% to $21.07 after announcing strong fiscal Q3 expectations, with projected net sales of $250-$260 million and adjusted EBITDA of $38-$40 million. The company also signed a $210 million deal to sell its U.S. power chain hoist operations, aiming to streamline its portfolio and support the Kito Crosby acquisition, expected to close in Q1 2026. Full fiscal Q3 results will be released on February 9, 2026."
datetime: "2026-01-14T16:53:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272585106.md)
  - [en](https://longbridge.com/en/news/272585106.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272585106.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/272585106.md) | [繁體中文](https://longbridge.com/zh-HK/news/272585106.md)


# Columbus McKinnon Bets Big On Kito Crosby, Dumps Non-Core Units

**Columbus McKinnon Corp.** (NASDAQ:CMCO) stock rose after the company announced on Wednesday that it is providing a preliminary read on its fiscal third quarter and advancing major deal-related moves.

The company expects fiscal third-quarter net sales of $250 million to $260 million, adjusted EBITDA of $38 million to $40 million and adjusted EPS of 58 cents to 63 cents, with nine-month sales projected at $747 million to $757 million, adjusted EBITDA of $115 million to $117 million, and adjusted EPS of $1.70 to $1.75.

## Orders And Backlog Trends

Orders, a key forward indicator, are estimated at $245 million to $250 million for the quarter, slightly below the prior quarter's $253.7 million. The backlog is expected to be between $335 million and $345 million, down modestly from the prior quarter at the midpoint but above the level reported at the end of fiscal 2025, indicating steadier demand than the orders line alone suggests.

Columbus McKinnon said the early figures are unaudited and could change as the quarter-end close wraps up. It also said it is not yet providing GAAP reconciliations for adjusted metrics, and its auditor has not issued any assurance on the preliminary ranges.

The company also updated its definition of adjusted EBITDA, adding back stock-based compensation expense to enhance period-to-period comparability and align more closely with common peer reporting practices.

## Portfolio Streamlining And Asset Sale

On the deal front, Columbus McKinnon announced that it has signed a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations to an affiliate of **Pacific Avenue Capital Partners** for $210 million, plus up to $25 million in potential earn-out payments.

In a related update, a separate company announcement stated that the divestiture is intended to reduce portfolio overlap and support the planned integration of Kito Crosby.

The company reiterated it expects the Kito Crosby Limited acquisition to close in the first quarter of 2026 as it works through DOJ review, and it maintained its $70 million annual net run-rate cost synergy outlook.

Management expects post-close cash generation to drive deleveraging, targeting a net leverage ratio below 4.0x by the end of fiscal 2028.

Columbus McKinnon said it will release its full fiscal third-quarter results before the market opens on Monday, February 9, 2026, followed by a conference call later that day.

**CMCO Price Action:** Columbus McKinnon shares were up 5.19% at $21.07 at the time of publication on Wednesday, according to Benzinga Pro data.

_Photo via Shutterstock_

### Related Stocks

- [Columbus McKinnon Corporation (CMCO.US)](https://longbridge.com/en/quote/CMCO.US.md)

## Related News & Research

- [Columbus McKinnon outlines $70M synergy target and signals robust US demand following Kito Crosby acquisition](https://longbridge.com/en/news/275381834.md)
- [Columbus McKinnon to Acquire Kito Crosby](https://longbridge.com/en/news/274137416.md)
- [OSB Group Cancels 839,507 Shares in Ongoing Buyback Programme](https://longbridge.com/en/news/280974886.md)
- [OSB Group Confirms Total Voting Rights Following Share Capital Update](https://longbridge.com/en/news/281234924.md)
- [Columbus McKinnon Corp Announces Acquisition and Divestiture Plans](https://longbridge.com/en/news/274137714.md)