Crosby Acquires Gunnebo Industries
May 21, 2019 - The Crosby Group has entered into an agreement to acquire Gunnebo Industries Holding AB from Segulah, a Nordic private equity firm. Gunnebo Industries is a player in the innovating, developing, manufacturing, and selling of products for material handling and other related applications.
“Given our shared commitment to safe rigging and lifting, and our equally committed and talented teams, this acquisition is a natural fit,” said Bob Davies, CEO of Crosby. “Together, we complement each other perfectly. Crosby and Gunnebo Industries will be able to deliver enhanced value for customers and channel partners by providing a broader product portfolio, enhanced support and training, expanded geographic presence, and greater ability to offer innovative solutions.”
Fredrik Wiking, CEO of Gunnebo Industries, stated, “This is an exciting new chapter for Gunnebo Industries, its employees, and customers. In combining the talent and resources of both companies, we will be able to take our customer offering to a whole new level. We look forward to joining the Crosby team, who share the same values as us – innovation, quality, and safety.”