Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sat., Jul. 2, 1:41 PM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
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Slide #26. Columbus McKinnon — Unified Industries, Inc.
Acquirer:
Columbus McKinnon (NASDAQ:CMCO)
Acquiree:
Unified Industries, Inc.
Details:
Columbus McKinnon Corporation (Nasdaq:CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that it has acquired privately-owned Unified Industries, Inc. ("Unified"). Unified designs, manufacturers and markets overhead light rail workstations primarily used in automotive and other industrial applications.
Columbus McKinnon designs, manufactures, and distributes a range of material handling products for various applications. Products include a variety of electric, air-powered, lever, and hand hoists, hoist trolleys, explosion-protected hoists, winches, and aluminum work stations; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters; power and motion control systems, such as AC and DC drive systems, radio remote controls, push button pendant stations, and collision avoidance and power delivery subsystems; and conveying solutions.
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Avg. Broker Rec.
 
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Buy (3.20 out of 4) 29th percentile
(ranked lower than approx. 71% of all stocks covered)
Analysts' Target Price: CMCO Stock Forecast Based on Zacks ABR data; powered by Xignite |
