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Columbus McKinnon Announces Closing of Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

BUFFALO, N.Y., May 4, 2021 (BUSINESS WIRE) --

Columbus McKinnon Corporation (Nasdaq: CMCO) (the "Company" or "Columbus McKinnon"), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the closing of its underwritten public offering of 4,312,500 shares of its common stock, which includes the full exercise of the underwriters' option to purchase 562,500 additional shares of common stock, at a price of $48.00 per share. The gross proceeds to Columbus McKinnon from the offering, before deducting the underwriting discounts and commissions and other offering expenses, were approximately $207 million.

J.P. Morgan acted as lead book-running manager. Wells Fargo Securities and PNC Capital Markets LLC acted as additional joint book-running managers for the offering.

A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on April 29, 2021. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. Copies of the final prospectus may be obtained from:

J.P. Morgan c/o Broadridge Financial Solutions 1155 Long Island Avenue, Edgewood, New York, 11717 Telephone: 1-866-803-9204 Email:;


Wells Fargo Securities 500 West 33rd Street, New York, New York 10001 Telephone: 1-800-326-5897 Facsimile: 1-212-214-5918 Email: Attention: Equity Syndicate Department


PNC Capital Markets LLC 300 Fifth Ave, 10th Floor, Pittsburgh, Pennsylvania 15222 Telephone: 1-855-881-0697 Email:

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that efficiently and ergonomically move, lift, position, and secure materials. Key products include hoists, crane components, precision conveyor systems, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how.

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SOURCE: Columbus McKinnon Corporation

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Gregory P. Rustowicz
Vice President - Finance and Chief Financial Officer
Columbus McKinnon Corporation

Investor Relations: 
Deborah K. Pawlowski
Kei Advisors LLC
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Copyright Business Wire 2021 ********************************************************************** As of Friday, 04-30-2021 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated an UPTREND on 05-24-2012 for CM

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