Tulsa, Okla. – The Crosby Group, the global leader in lifting, rigging, and material handling hardware, has completed the acquisition of Feubo, a global leader in offshore mooring components for the oil and gas and wind energy markets. Financial terms of the transaction were not disclosed.
As we approach the end of the year, we'd like to take a look back at the top Crosby Group stories of 2019—a year of growth and innovation. Undoubtedly, the two most significant highlights were the Straightpoint and Gunnebo Industries brands joining The Crosby Group. The acquisition of these two strong brands means increased value for customers and channel partners through a broader product portfolio, enhanced support and training, expanded geographic presence, and greater ability to deliver leading-edge rigging and lifting solutions.
Check out the 10 biggest stories from the Crosby Group brands in 2019:
In December, The Crosby Group said farewell to longtime partner K.M. Shetty, senior general manager at distributor Gulf Mechanical Engineers & Suppliers (GMES). He will be succeeded by Deepak Bhatkal, another 30-year veteran at the company.
TULSA, Okla. – The Crosby Group announces Jason Davis as Block, Sheaves and Engineered Solutions Commercial and Engineering Manager.
TULSA, Okla. – The Crosby Group announces Mike Kuzdzal has joined the company as Chief Operating Officer.
The Hook, a new blog powered by Crosby, is a source of valuable content for new and experienced rigging professionals. Learn practical rigging training tips from the industry’s leading experts, including Crosby’s Danny Bishop; see rigging applications and projects that include Crosby solutions; and receive the latest industry news, insights, and safety and regulatory updates.
The Crosby Group, LLC, the global leader in lifting, rigging, and material handling hardware, will celebrate a century of metal forging at Crosby Premier Stampings Ltd. in the heart of the UK’s Black Country in October.
UK-based end users of Crosby equipment can request visits from a newly launched trailer that will also form the company’s exhibit at this year’s LiftEx, which takes place at the Marshall Arena, Milton Keynes November 13–14.
The Crosby Group acquired load cell and force measurement equipment manufacturer Straightpoint at the start of 2019. Six months after the deal was announced, HLPFI spoke with David Ayling, global business development director of load monitoring, to discuss the integration process and the company's plans for the future.