M&A Deal Summary

Columbus McKinnon Acquires Magnetek

On September 2, 2015, Columbus McKinnon acquired electrical equipment company Magnetek for 189M USD

Acquisition Highlights
  • This is Columbus McKinnon’s 1st transaction in the Electrical Equipment sector.
  • This is Columbus McKinnon’s 3rd largest (disclosed) transaction.
  • This is Columbus McKinnon’s 2nd transaction in the United States.
  • This is Columbus McKinnon’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2015-09-02
Target Magnetek
Sector Electrical Equipment
Buyer(s) Columbus McKinnon
Deal Type Add-on Acquisition
Deal Value 189M USD
Advisor(s) Goldman Sachs (Financial)
Foley & Lardner LLP (Legal)

Target

Magnetek

Menomonee Falls, Wisconsin, United States
Magnetek, Inc. is a provider of digital power and motion control systems used in overhead material handling, elevator, and mining applications.

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Buyer(S) 1

Buyer

Columbus McKinnon

Charlotte, North Carolina, United States

Category Company
Founded 1875
Sector Machinery
Employees3,515
Revenue 1.0B USD (2024)
DESCRIPTION

Columbus McKinnon designs, manufactures, and markets material handling products and services for various commercial and industrial end-user markets in the United States, Europe, Canada, and internationally. Columbus McKinnon was incorporated in 1875 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 5 of 9
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 5 of 8
State (Wisconsin) 1 of 2
Country (United States) 2 of 4
Year (2015) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Stahlhammer Bommern

Hamm, Germany

Stahlhammer Bommern GmbH is a manufacturer of a large range of lifting tools and forged parts that are able to withstand particularly heavy, static and dynamic loads, including single and ramshorn lifting hooks.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-07 STAHL CraneSystems

Kunzelsau, Germany

STAHL CraneSystems GmbH is a provider of comprehensive range of products for lifting technology in the world.

Buy €224M