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EQT Private Equity To Sell Dorner To Columbus McKinnon For $485 Mln

EQT said that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Dorner to Columbus McKinnon Corp. (CMCO) for an Enterprise Value of $485 million.

Founded in 1966 and headquartered in Hartland, WI, Dorner is a provider of high precision conveyor solutions for high growth and resilient end markets including e-commerce, life sciences, food & beverage, industrial automation, packaging, and CPG.

The transaction is subject to customary conditions and approvals and is expected to close in the second-quarter of 2021.

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