Columbus McKinnon completes $110M deal

Amherst-based Columbus McKinnon has completed a $110 million all-cash deal for Montratec, a Germany-based company that designs and develops automation and transport systems.

David J. Wilson, Columbus McKinnonโ€™s president and CEO, said Montratecโ€™s โ€œasynchronous intelligent automation and monorail transport systems further strengthen our precision conveyance and automation offerings while also opening the door for greater scale in Europe.โ€

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