Inside Logistics

Crosby Group acquires UK-based Straightpoint

Deal includes the manufacturing facility and headquarters, co-located in Hampshire, UK


January 3, 2019
by

DALLAS – Dallas, Texas-based The Crosby Group LLC has completed the acquisition of Straightpoint UK (SP), a manufacturer of load cells and force measurement equipment.

The acquisition, effective 2 January 2019, includes the manufacturing facility and headquarters, co-located in Hampshire, UK, that will become Crosby’s centre of excellence for load monitoring and measurement, in addition to key personnel based in the U.S.

David Ayling, formerly CEO at SP, will step into a new role overseeing sales, marketing, and product development functions for all load monitoring equipment.

He will report to Robert Desel, chief commercial officer at Crosby.

“SP has built a very strong team focused on innovation and high service levels and we wanted to ensure we could maintain and capitalize on these important features of the company,” Ayling said.

“Crosby’s brand, its channel strength, global reach, and management team will enable us to build on our strengths and take the business to a new level. Becoming part of Crosby represents an opportunity to deliver our solutions to more customers and increase the pace of our innovation. It is an exciting new chapter for SP, its team members, and customers.”

“We’ve had a close relationship with SP for quite a while—its load shackles are based on the industry standard Crosby G2130 shackle, and we use SP products on our Safe Rigging trucks,” Desel said.

“SP’s position as a leader and innovator in load measurement and monitoring, and the opportunity to integrate its technology into our already strong portfolio, made this a compelling addition to Crosby. Safe lifting is in Crosby’s DNA and load monitoring is a critical part of that equation. Monitored lifts are inherently safer and we can now increase adoption of this best practice on a global scale.”

Ayling confirmed that SP would maintain its commitment to non-rigging markets, such as the weighing sector.

Crosby manufactures accessories used in lifting, rigging and securement applications. Based in the US, the company provides a broad range of products including wire rope clips, hooks, shackles, lifting clamps, hoist rings, overhaul balls, snatch blocks, crane blocks and sheaves.

For 40 years Straightpoint has manufactured and supplied cabled and wireless telemetry loadlink, load shackles, load cells, digital dynamometers, compression loadcells, crane scales, running line tensiometers and software solutions as well as a range of intrinsically safe load cells. It has facilities in: Arkansas; Oklahoma; Texas; Mississauga, Ontario; Belgium; United Kingdom; the Netherlands; and, France.