The Crosby Group, a US based SJE Group investment and a global leader in lifting, rigging, and material handling hardware, has completed the acquisition of Germany based Feubo; a global leader in offshore mooring components for the oil and gas and wind energy markets.
The acquisition, effective 14 January, 2020, includes the Feubo facility located in Hattingen, Germany, that will become Crosby’s center of excellence for mooring components, as well as a key engineering and innovation center.
The SJE Group congratulates Robert Desel (CEO of Crosby) Oliver Feuerstein (CEO of Feubo) and their respective executive teams.
Crosby is a leading manufacturer of premium accessories used in lifting, rigging, and securement applications. Based in the US, the company has the reputation around the world for providing a broad range of products suitable for the most demanding of operating conditions with uncompromising quality. Products include wire rope clips, hooks, shackles, lifting clamps, hoist rings, overhaul balls, snatch blocks, crane blocks, and sheaves. Crosby also provides a world-class training program, focusing on the proper application of Crosby products.
Feubo is a global leader in innovating, developing, and selling offshore mooring components for the oil and gas and wind energy markets. The company supplies the market with products such as kenter shackles, anchor shackles, swivels, sockets, and other accessories. Feubo is based in Hattingen, Germany.