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Crosby expands with Feubo acquisition

The Crosby Group has acquired Germany-headquartered Feubo, a manufacturer of offshore mooring components for the oil, gas and wind energy markets.

The acquisition includes the Feubo facility located in Hattingen, Germany, where the company produces enter kenter shackles, anchor shackles, swivels, sockets and other accessories.

Oliver Feuerstein will continue to lead the Feubo team and operation in his role as ceo.

Robert Desel, ceo of Crosby, said: “We are thrilled to expand our offshore product portfolio and end market reach with this acquisition. Feubo’s position as a leader and innovator in mooring components, and the opportunity to leverage its world-class engineering and innovation competency, made this a compelling addition to Crosby.”

www.thecrosbygroup.com

www.feubo.com

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