Columbus McKinnon (NASDAQ:CMCO) reported what management described as a “defining year” in fiscal 2026, highlighted by the completion of its Kito Crosby acquisition and the divestiture of its legacy U.S. power chain hoist and chain operations.
On the company’s fourth-quarter and full-year earnings call, President and Chief Executive Officer David Wilson said the fiscal year reflected “meaningful strategic progress and disciplined execution” as Columbus McKinnon began operating as a larger combined company. The Kito Crosby acquisition closed on Feb. 3, 2026, while the divestiture closed on March 4, 2026, affecting fourth-quarter comparability.