Kito, Crosby Group finalize merger under Lifting Holdings
November 3, 2022 By Don Horne
Kito Corporation has completed the deal that will see it and The Crosby Group become a combined entity.
Kito has been acquired by Lifting Holdings, which along with Crosby US and Crosby UK is owned by Kohlberg Kravis Roberts, a U.S. private equity fund.
Kito was founded in 1932, and provides products such as chain hoists, lever hoists, wire-rope hoists and cranes, to chain, slings, hooks to customers in over 50 nations.
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