We are excited to update you on the progress of our combination with Crosby Group.
As you may remember from our announcement in May, the first step was for KKR to set up a holding company and purchase KITO’s shares then take the company private. This is in the process of being completed.
As of November 1, 2022, Kito will be acquired by “Lifting Holdings BidCo. Inc”.
Please see the attached press release HERE.