M&A Deal Summary

Columbus McKinnon Acquires STAHL CraneSystems

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

Acquisition Highlights
  • This is Columbus McKinnon’s 4th transaction in the Machinery sector.
  • This is Columbus McKinnon’s 1st largest (disclosed) transaction.
  • This is Columbus McKinnon’s 3rd transaction in Germany.

M&A Deal Summary

Date 2016-12-07
Target STAHL CraneSystems GmbH
Sector Machinery
Buyer(s) Columbus McKinnon Corp.
Sellers(s) Konecranes Oyj
Deal Type Divestiture
Deal Value 224M EUR

Target

STAHL CraneSystems GmbH

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 Corp.

Buffalo, New York, United States

website


Category Company
Founded 1875
SectorMachinery
Employees2,997
Revenue 809M USD (2020)
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 formed in 1875 and is based in Amherst, New York.


DEAL STATS #
Overall 6 of 8
Sector (Machinery) 4 of 5
Type (Divestiture) 1 of 1
Country (Germany) 3 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 Magnetek, Inc.

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. Corp.

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 Oyj

Hyvinkaa, Finland

website


Category Company
Founded 1910
SectorEngineering
Employees16,281
Revenue 3.2B EUR (2021)
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 Corp. - 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