The Crosby Group has invested in Australia-based Verton Technologies. The companies will collaborate to accelerate the adoption of Verton’s remote-control load orientation solutions.
Robert Desel, ceo of Crosby Group, said: “We are thrilled to partner with Verton in this rapidly growing space. This investment is a perfect strategic fit due to our common end user base and our shared values of safety, reliability and innovation.”
Verton’s solutions include Everest 6, a 20-ton (18-tonne) capacity load orienting spreader beam; the modular load orientating system Everest 30; and Windmaster, a load orientation device for wind turbine erection.
Trevor Bourne, ceo at Verton, added: “With this new partnership, Verton can dramatically increase the pace of innovation and the penetration of our products in the market.”
This is Crosby Group’s fourth acquisition the past 24 months, having added Straightpoint, Gunnebo Industries and Feubo to its portfolio.