# Crosby Group to acquire Gunnebo Industries

The Crosby Group has entered into an agreement to acquire Gunnebo Industrier Holding AB from Segulah. The acquisition combines two leaders in lifting, rigging, and material handling hardware.

- Type: Acquisition
- Announced: 2019-05-20
- Where: United States
- Status: announced
- Products: lifting hardware, rigging hardware, material handling hardware
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Crosby Group](https://endata.com/companies/39458.md) (acquirer)
- [Gunnebo Industries](https://endata.com/companies/39459.md) (target)
- [Segulah](https://endata.com/companies/39460.md) (investor)
- [Segulah](https://endata.com/companies/39460.md) (partner)
- [Gunnebo](https://endata.com/companies/39484.md) (target)
- [Gunnebo Industrier Holding AB](https://endata.com/companies/39528.md) (target)

## Sources

- [ajot.com](https://www.ajot.com/news/crosby-enters-into-agreement-to-acquire-gunnebo-industries), 2019-05-20: "Given our shared commitment to safe rigging and lifting and our equally committed and talented teams, this acquisition is a natural fit."
- [vertikal.net](https://vertikal.net/en/news/story/33050/crosby-to-acquire-gunnebo?acceptCookies=1), 2019-05-20: "Given our shared commitment to safe rigging and lifting and our equally committed and talented teams, this acquisition is a natural fit."
- [prweb.com](https://www.prweb.com/releases/Crosby_Acquires_Gunnebo_Industries/prweb16329477.htm), 2019-05-22: "The Crosby Group today announced that it has acquired Gunnebo Industrier Holding AB from Segulah, a Nordic private equity firm."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.