Crosby Group Invests in Verton Technologies
July 1, 2021
The Crosby Group, a provider of lifting, rigging and load securement hardware, has completed a significant investment in Verton Technologies. Australian-based Verton has developed and commercialized disruptive advancements in load orientation technology that remove the need for human held tag lines in lifting applications. These innovations play a critical role in improving the safety and productivity of global lifting operations.
"The Crosby Group and Verton will collaborate to accelerate the adoption of this game-changing load orientation technology. By leveraging The Crosby Group's global footprint, Verton will bring an elevated level of safety to an increasing number of workers," said a spokesperson.
Robert Desel, CEO of The 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 load orienting spreader beam; Everest 30, a modular load orienting system for a broad range of working load limits; and Windmaster, a load orientation device for wind turbine erection.
Trevor Bourne, CEO for Verton, added: "With this new partnership Verton can dramatically increase the pace of innovation and the penetration of our products in the market. As a global leader with strong brand recognition, The Crosby Group creates an exciting platform for Verton's future."
For more information contact:
The Crosby Group
800-772-1500
www.thecrosbygroup.com
Verton
www.verton.com.au
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