Crosby and Kito business combination

The Crosby Group, a leading provider of lifting and rigging solutions, and Kito Corporation, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, have announced the completion of their business combination. Today’s announcement follows the settlement of The Crosby Group’s cash tender offer […]

30/01/2023 - 12:02 pm

Crosby commences cash tender for all outstanding Kito shares

The Crosby Group, a leading provider of lifting and rigging solutions, and Kito Corporation, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, has announced that they have secured all regulatory clearances for their business combination and that The Crosby Group (Crosby) will […]

27/09/2022 - 14:02 pm

The Crosby Group and Kito Corporation to combine,

The Crosby Group, a global leader in lifting and rigging, and Kito Corporation, a leading material handling manufacturer with 90 years of experience in the development and production of hoists and cranes, has announced that they have entered into a definitive agreement to combine both businesses. The business combination will be effected through a cash […]

16/05/2022 - 10:49 am

Kito commits to reducing carbon-footprint

At the beginning of April, Industrial hoist and crane maker Kito Corporation  switched 50% of the energy used in its Yamanashi main plant – the production centre – to essentially carbon-free sources. With this shift the company projects a reduction in carbon-dioxide emissions from plant operations by about 4382t per year. Kito is promoting initiatives […]

26/04/2022 - 13:57 pm

New Issue

LHI November/December 2022

In this month's issue