Columbus McKinnon Corp., Amherst, NY, manufacturer of material handling products, is considering strategic alternatives, including selling, for its Univeyor business. The company is in the process of selecting a financial advisor to lead the initiative.
Univeyor, part of the company’s Solutions segment, is a producer and supplier of standard and custom-designed products and systems for integrated material handling and logistics applications.
For the 12 months ended Sept. 30, 2007, the company had sales of $30.1 million, representing 58.4% of the Solutions segment total and 5% of the company’s consolidated sales.
Univeyor, based in Arden, Denmark, primarily sells direct to end-users.
Columbus McKinnon’s key products include hoists, …
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