Columbus McKinnon Corporation (CMCO), a designer, manufacturer and marketer of material handling products, systems and services, will purchase Stahl CraneSystems, a business of Konecranes Plc. Stahl is a leading manufacturer of explosion-protected hoists and crane components and is well known for its custom engineering of lifting solutions and hoisting technology. The all-cash transaction value for the acquisition is €224 million ($240 million).
