M&A Deal Summary

Columbus McKinnon Acquires STAHL CraneSystems

On December 7, 2016, Columbus McKinnon acquired machinery company STAHL CraneSystems from Konecranes for 224M EUR

Acquisition Highlights
  • This is Columbus McKinnon’s 4th transaction in the Machinery sector.
  • This is Columbus McKinnon’s largest (disclosed) transaction.
  • This is Columbus McKinnon’s 3rd transaction in Germany.

M&A Deal Summary
Date 2016-12-07
Target STAHL CraneSystems
Sector Machinery
Buyer(s) Columbus McKinnon
Sellers(s) Konecranes
Deal Type Divestiture
Deal Value 224M EUR

Target

STAHL CraneSystems

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

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Buyer(S) 1

Buyer

Columbus McKinnon

Buffalo, New York, United States

website

Category Company
Founded 1875
Sector Machinery
Employees3,224
Revenue 907M USD (2022)
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 Buffalo, New York.

DEAL STATS #
Overall 6 of 9
Sector (Machinery) 4 of 6
Type (Divestiture) 1 of 1
Country (Germany) 3 of 4
Year (2016) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 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.

Buy $189M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Dorner Mfg.

Hartland, Wisconsin, United States

Dorner Mfg. Corp. is a US-based major global provider of purpose-built, high-quality precision conveyor systems utilized in process automation operations to enhance productivity, quality, and profitability throughout the production process. Dorner Mfg. Corp was formed in 1996 and is based in Hartland, Wisconsin.

Buy $485M

Seller(S) 1

SELLER

Konecranes

Hyvinkaa, Finland

website

Category Company
Founded 1910
Sector Engineering
Employees16,579
Revenue 3.4B EUR (2022)
DESCRIPTION

Konecranes is an engineering group specialising in advanced overhead lifting solutions and maintenance services. The company's customers span virtually every industry and its products are used in harbours around the globe. Konecranes was founded in 1910 and is based in Hyvinkaa, Finland.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Terex Corp - Material Handling & Port Solutions Business

Westport, Connecticut, United States

Terex Corp - Material Handling & Port Solutions Business is a supplier of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under several brands such as Gottwald.

Buy €1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 Terex - Material Handling and Port Solutions Business

Westport, Connecticut, United States

Terex Corp. - Material Handling and Port Solutions Business is a provider of lifting machinery.

Buy $595M
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