Columbus Mckinnon Corp 8-K/A, filed Mar 4, 2026

Columbus Mckinnon Corp (CMCO)

8-K/A 2026-03-04 For: 2026-01-29

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Added on April 08, 2026

About this 8-K/A

Columbus Mckinnon Corp filed this 8-K/A on March 4, 2026, reporting on events of January 29, 2026.

Items reported

Item 9.01: Financial statements and exhibits

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13320 Ballantyne Corporate Place, Suite D	Charlotte	NC	28277
(Address of principal executive offices)			(Zip Code)


EXHIBIT NUMBER		DESCRIPTION

23.1		Consent of Deloitte & Touche LLP.

99.1		Audited consolidated financial statements of Kito Crosby and its subsidiaries as of and for the years ended December 31, 2024 and December 31, 2023 (incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K dated June 17, 2025).

99.2		Interim unaudited condensed consolidated financial statements of Kito Crosby and its subsidiaries as of September 30, 2025 and December 31, 2024 and for the three and nine months ended September 30, 2025 and 2024 (incorporated by reference to Exhibit 99.3 to the Company’s Current Report on Form 8-K dated January 14, 2026).

99.3		Unaudited pro forma condensed combined financial information of Columbus McKinnon Corporation, together with the notes thereto.

104		Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).


COLUMBUS McKINNON CORPORATION

By:		/s/ Gregory P. Rustowicz
Name:		Gregory P. Rustowicz
Title:		Executive Vice President - Finance and Chief Financial Officer (Principal Financial Officer)


	Columbus McKinnon Corporation (Historical)			Kito Crosby as Reclassified (Note 2)			Kito Crosby Acquisition Adjustments			Note 4	Financing Adjustments			Note 5	Columbus McKinnon Corporation Adjusted for Kito Crosby Acquisition			Divestiture Adjustments			Note 6	Pro Forma Combined
ASSETS
Current assets:
Cash and cash equivalents	$	35,484		$	177,300		$	(2,995,808	)	(a)	$	2,888,505		(a)	$	105,481		$	—		(a)	$	105,481
Trade accounts receivable, less allowance for credit losses		174,326			191,000			—				—				365,326			(11,464	)	(b)		353,862
Inventories		222,377			366,600			77,794		(b)		—				666,771			(21,384	)	(b)		645,387
Prepaid expenses and other		49,726			41,100			2,136		(c)		—				92,962			(2,324	)	(b)		90,638

Total current assets	$	481,913		$	776,000		$	(2,915,878	)		$	2,888,505			$	1,230,540		$	(35,172	)		$	1,195,368
Property, plant and equipment, net		102,384			270,700			108,762		(d)		—				481,846			(9,860	)	(b)		471,986
Goodwill		731,546			133,197			794,016		(e)		—				1,658,759			(68,630	)	(b)		1,590,129
Other intangibles, net		345,746			222,700			1,157,300		(f)		—				1,725,746			—				1,725,746
Marketable securities		10,465			—			—				—				10,465			—				10,465
Deferred taxes on income		10,158			—			—				—				10,158			—				10,158
Other assets		80,308			68,600			—				5,162		(b)		154,070			(1,018	)	(b)		153,052

Total assets	$	1,762,520		$	1,471,197		$	(855,800	)		$	2,893,667			$	5,271,584		$	(114,680	)		$	5,156,904

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable		90,822			100,100			—				—				190,922			(6,933	)	(b)		183,989
Accrued liabilities		121,475			123,200			—				—				244,675			(2,493	)	(b)		242,182
Current portion of long-term debt and finance lease obligations		50,829			10,000			(10,000	)	(g)		25,000		(c)		75,829			(418	)	(b)		75,411

Total current liabilities	$	263,126		$	233,300		$	(10,000	)		$	25,000			$	511,426		$	(9,844	)		$	501,582
Term loan, AR securitization facility and finance lease obligations		399,439			960,100			(960,100	)	(g)		2,105,772		(d)		2,505,211			(160,161	)	(a), (b)		2,345,050
Other non-current liabilities		177,104			128,400			282,300		(h)		—				587,804			—				587,804

Total liabilities	$	839,669		$	1,321,800		$	(687,800	)		$	2,130,772			$	3,604,441		$	(170,005	)		$	3,434,436

Equity:
Shareholders’ equity:
Voting common stock		287			135,300			(135,300	)	(i)		—				287			—				287
Treasury stock		(11,000	)		(12,300	)		12,300		(i)		—				(11,000	)		—				(11,000	)
Redeemable convertible preferred stock		—			—			—				788,000		(e)		788,000			—				788,000
Additional paid-in capital		538,732			734,600			(734,600	)	(i)		—				538,732			—				538,732
Retained earnings		386,829			(637,103	)		606,300		(i)		(25,105	)	(f)		330,921			55,325		(a)		386,246
Accumulated other comprehensive income (loss)		8,003			(83,300	)		83,300		(i)		—				8,003			—				8,003
Noncontrolling interest		—			12,200			—				—				12,200			—				12,200

Total shareholders’ equity	$	922,851		$	149,397		$	(168,000	)		$	762,895			$	1,667,143		$	55,325			$	1,722,468

Total liabilities and shareholders’ equity	$	1,762,520		$	1,471,197		$	(855,800	)		$	2,893,667			$	5,271,584		$	(114,680	)		$	5,156,904


	Columbus McKinnon Corporation (Historical)			Kito Crosby as Reclassified (Note 2)			Kito Crosby Acquisition Adjustments			Note 4	Financing Adjustments			Note 5	Columbus McKinnon Corporation Adjusted for Kito Crosby Acquisition			Divestiture Adjustments			Note 6	Pro Forma Combined
Net sales	$	755,622		$	833,700		$	—			$	—			$	1,589,322		$	(100,370	)	(c)	$	1,488,952
Cost of products sold		499,083			522,520			14,958		(j)		—				1,036,561			(59,951	)	(c)		976,610

Gross profit	$	256,539		$	311,180		$	(14,958	)		$	—			$	552,761		$	(40,419	)		$	512,342

Selling expenses		86,430			76,414			—				—				162,844			(9,173	)	(c)		153,671
General and administrative expenses		99,277			98,840			—				—				198,117			(2,288	)	(c)		195,829
Research and development expenses		14,044			12,026			—				—				26,070			(876	)	(c)		25,194
Amortization of intangibles		22,940			14,639			78,411		(l)		—				115,990			—				115,990

Income (loss) from operations	$	33,848		$	109,261		$	(93,369	)		$	—			$	49,740		$	(28,082	)		$	21,658
Interest and debt expense		25,757			50,900			(50,900	)	(m)		119,604		(g)		145,361			(8,604	)	(e)		136,757
Investment (income)		(1,965	)		(700	)		—				—				(2,665	)		—				(2,665	)
Foreign currency exchange loss, net		904			—			—				—				904			—				904
Other (income) expense, net		(138	)		700			—				—				562			(3	)			559

Income (loss) before taxes	$	9,290		$	58,361		$	(42,469	)		$	(119,604	)		$	(94,422	)	$	(19,475	)		$	(113,897	)
Income tax expense (benefit)		595			18,800			5,960		(n)		(29,900	)	(i)		(4,545	)		(4,869	)	(g)		(9,414	)

Net income (loss)	$	8,695		$	39,561		$	(48,429	)		$	(89,704	)		$	(89,877	)	$	(14,606	)		$	(104,483	)
Net income attributable to noncontrolling interests		—			900			—				—				900			—				900

Net income (loss) attributable to common shareholders	$	8,695		$	38,661		$	(48,429	)		$	(89,704	)		$	(90,777	)	$	(14,606	)		$	(105,383	)

Earnings Per Share Attributable to Common Shareholders
Basic income (loss) per share		0.30																					(5.16	)
Diluted income (loss) per share		0.30																					(5.12	)
Weighted Average Number of Shares Outstanding
Basic		28,704																					28,704
Diluted		28,906																					28,906


(in 000’s)
Columbus McKinnon Balance Sheet Line Items	Kito Crosby Historical Balance Sheet Line Items	Kito Crosby As of September 30, 2025			Reclassification			Kito Crosby Reclassed
ASSETS
Current assets:
Cash and cash equivalents	Cash and cash equivalents	$	177,300		$	—		$	177,300
Trade accounts receivable, less allowance for credit losses	Accounts receivable		191,000			—			191,000
Inventories	Inventories, net		366,600			—			366,600
Prepaid expenses and other	Prepaid expenses and other current assets		16,700			24,400			41,100
	Income taxes receivable		24,400			(24,400	)		—

Total current assets		$	776,000		$	—		$	776,000
Property, plant and equipment, net	Property, plant and equipment, net		270,700			—			270,700
Goodwill	Goodwill, net		133,197			—			133,197
Other intangibles, net	Other intangible assets, net		222,700			—			222,700
Marketable securities			—			—			—
Deferred taxes on income			—			—			—
Other assets	Other non-current assets		68,600			—			68,600

Total assets		$	1,471,197		$	—		$	1,471,197

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable	Accounts payable	$	100,100		$	—		$	100,100
Accrued liabilities	Accrued expenses and other current liabilities		123,200			—			123,200
Current portion of long-term debt and finance lease obligations	Current portion of long-term debt		10,000			—			10,000

Total current liabilities		$	233,300		$	—		$	233,300
Term loan, AR securitization facility and finance lease obligations	Long-term debt		960,100			—			960,100
Other non-current liabilities	Other non-current liabilities		48,100			80,300			128,400
	Retirement benefit obligations		26,000			(26,000	)		—
	Deferred income tax liabilities, net		54,300			(54,300	)		—

Total liabilities		$	1,321,800		$	—		$	1,321,800

Shareholders’ equity:
Voting common stock	Common stock		1,700			133,600			135,300
	Deferred shares		133,600			(133,600	)		—
Treasury stock	Treasury stock, at cost		(12,300	)		—			(12,300	)
Redeemable convertible preferred stock			—			—			—
Additional paid-in capital	Additional paid-in capital		734,600			—			734,600
Retained earnings	Accumulated deficit		(637,103	)		—			(637,103	)
Accumulated other comprehensive loss	Accumulated other comprehensive loss		(83,300	)		—			(83,300	)
Noncontrolling interest	Noncontrolling interest		12,200			—			12,200

Total shareholders’ equity		$	149,397		$	—		$	149,397

Total liabilities and shareholders’ equity		$	1,471,197		$	—		$	1,471,197


(in 000’s)
Columbus McKinnon Corporation Statement of operations Line Items	Kito Crosby Historical Statement of operations Line Items	Kito Crosby Nine Months Ended of September 30, 2025			Reclassification			Kito Crosby Reclassed
Net sales	Net sales	$	833,700		$	—		$	833,700
Cost of products sold	Cost of sales		512,600			9,920			522,520

Gross profit		$	321,100		$	(9,920	)	$	311,180

Selling expenses			—			76,414			76,414
General and administrative expenses			—			98,840			98,840
Research and development expenses			—			12,026			12,026
	Selling, distribution and administrative expenses		197,200			(197,200	)		—
Amortization of intangibles	Amortization of intangible assets		14,639			—			14,639

Income (loss) from operations		$	109,261		$	—		$	109,261
Interest and debt expense	Interest expense, net		50,900			—			50,900
Investment (income) loss			—			(700	)		(700	)
	Unrealized gain on derivative		100			(100	)		—
	Realized gain on derivative		(800	)		800			—
Foreign currency exchange loss (gain), net			—			—			—
Other (income) expense, net	Other income expense		700			—			700

Income (loss) before taxes		$	58,361		$	—		$	58,361
Income tax expense (benefit)	Income tax expense		18,800			—			18,800

Net income (loss)		$	39,561		$	—		$	39,561
Net income attributable to noncontrolling interests	Net income attributable to noncontrolling interest		900			—			900

Net income (loss) attributable to common shareholders		$	38,661		$	—		$	38,661


(in 000’s)
Columbus McKinnon Statement of operations Line Items	Kito Crosby Historical Statement of operations Line Items	Kito Crosby Twelve Months Ended March 31, 2025			Reclassification			Kito Crosby Reclassed
Net sales	Net sales	$	1,083,300		$	—		$	1,083,300
Cost of products sold	Cost of sales		662,400			7,070			669,470

Gross profit		$	420,900		$	(7,070	)	$	413,830

Selling expenses			—			79,342			79,342
General and administrative expenses			—			157,459			157,459
Research and development expenses			—			14,229			14,229
	Selling, distribution and administrative expenses		258,100			(258,100	)		—
Amortization of intangibles	Amortization of intangible assets		18,100			—			18,100

Income (loss) from operations		$	144,700		$	—		$	144,700
Interest and debt expense	Interest expense, net		87,500			—			87,500
Investment (income) loss (1)			—			—			—
	Unrealized gain on derivative		4,200			(4,200	)		—
	Realized gain on derivative		(4,200	)		4,200			—
Foreign currency exchange loss (gain), net			—			—			—
Other (income) expense, net	Other income expense		(300	)		—			(300	)

Income (loss) before taxes		$	57,500		$	—		$	57,500
Income tax expense (benefit)	Income tax expense		34,500			(9,900	)		24,600
	New market tax credit extinguishment		(9,900	)		9,900			—

Net income (loss)		$	32,900		$	—		$	32,900
Net income attributable to noncontrolling interests	Net income attributable to noncontrolling interest		900			—			900

Net income (loss) attributable to common shareholders		$	32,000		$	—		$	32,000


(in 000’s)	Amount
Pro forma transaction accounting acquisition adjustments:
Base purchase price	$	2,700,000
Plus: Purchase price adjustments (1)		254,057
Plus: Transaction expenses paid on behalf of Kito Crosby		5,712

Total purchase consideration	$	2,959,769


	Estimated Useful Life (in years)
Site improvements		20 - 40
Buildings & improvements		20 - 40
Machinery & equipment		5
Computer software		4
Furniture, fixtures & equipment		5 - 20
Transportation equipment		3
Tooling		5
Computer & networking equipment		4


(in 000’s)	Amount			Estimated Useful Life (in years)
Pro forma transaction accounting acquisition adjustments:
Fair value of customer relationships	$	1,092,900			11
Fair value of trade names		287,100			9 - 13
Elimination of Kito Crosby’s historical intangibles		(222,700	)

Pro forma adjustment to Other intangibles, net	$	1,157,300


(in 000’s)	Voting common stock			Treasury stock		Additional paid-in-capital			Retained earnings			Accumulated other comprehensive income (loss)
Pro forma transaction accounting acquisition adjustments:
Elimination of Kito Crosby’s historical equity	$	(135,300	)		12,300		(734,600	)		637,103			83,300
Company transaction costs, net of tax		—			—		—			(30,803	)		—

Pro forma adjustment to Shareholders’ Equity	$	(135,300	)		12,300		(734,600	)		606,300			83,300


(in 000’s)	Nine Months ended December 31, 2025		Twelve Months ended March 31, 2025
Pro forma transaction accounting acquisition adjustments:
Fair-value step up of acquired inventory (1)	$	—	$	77,794
Incremental depreciation on acquired property, plant, and equipment, net		14,958		19,944

Pro forma adjustment to Cost of products sold	$	14,958	$	97,738


(in 000’s)	Amount
Pro forma transaction accounting financing adjustments:
Inflows:
Cash received from Term Loan B Facility	$	1,650,000


Cash received from Notes		900,000
Cash received from Preferred Shares issuance		800,000
Cash received from draw on Revolving Credit Facility		75,000

Total inflows	$	3,425,000
Outflows:
Cash paid to extinguish Company debt	$	(441,073	)
Debt issuance costs and financing fees for Term Loan B Facility, Notes, Bridge Facility, Revolving Credit Facility and discount on Term Loan B Facility		(83,422	)
Cash paid for Preferred Shares issuance costs		(12,000	)

Total outflows	$	(536,495	)

Pro forma adjustment to Cash and cash equivalents	$	2,888,505