The Crosby Group acquires BlokCorp20 April 2021
Lifting, rigging and load securement hardware provider The Crosby Group has acquired UK-based BlokCorp, a manufacturer of camera and alert systems for tower and mobile cranes.
BlokCorp’s product portfolio includes BlokCam camera systems for tower and mobile cranes. Additionally, BlokCorp recently launched BlokAlert, an audio/visual warning system to alert crane operators when workers are in harm’s way. Going forward, the BlokCorp portfolio will go to market under the brand Crosby BlokCam.
This is the fifth investment by The Crosby Group since 2019. Within this period, the company also acquired Gunnebo Industries, Feubo and Straightpoint, while earlier this year it made a significant investment in Verton Technologies.
With a growing platform of technology-centric products and solutions, The Crosby Group decided to launch a Technology Solutions business unit. “This new division, inclusive of BlokCorp, Crosby Straightpoint, and the strategic collaboration with Verton, will enable a heightened focus on creating disruptive and integrated lifting technologies,” said the company.
Robert Desel, CEO of The Crosby Group, said: “We are very excited to expand our technology offering with BlokCorp, a pioneer in delivering solutions for safer lifting operations. BlokCorp, will bring tremendous value to our customers and channel partners and serve as a strong foundation to our new Technology Solutions division.”
Peter Hird and Ben Windass, co-managing directors for BlokCorp added: “This is an exciting new chapter for BlokCorp, our employees and our customers. Both The Crosby Group and BlokCorp share a passion for safety, reliability, and innovation. With The Crosby Group’s global presence, we can expand our reach and better enable our customers’ safe operations, together.”