[INDUSTRY NEWS] Crosby Acquires Feubo
> The Crosby Group, the global leader in lifting, rigging, and material handling hardware, has completed the acquisition of Feubo, a global leader in offshore mooring components for the oil and gas and wind energy markets. Financial terms of the transaction were not disclosed. The acquisition, effective January 14,
2020, includes the Feubo facility located in Hattingen, Germany that will become Crosby’s center of excellence for mooring components, as well as a key engineering and innovation center. Oliver Feuerstein, CEO of Feubo, will
continue to lead the Feubo team and operation. 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.” Feuerstein added: “This is an exciting
new chapter for Feubo, its employees, and customers. With Crosby’s global presence we can increase our reach and increase the pace of innovation. We look forward to joining the Crosby team, who share the same values as us—safety, reliability and innovation.” Feubo is a global leader in innovating,
developing and selling offshore mooring components for the oil and gas and wind energy markets. The company supplies the market with products such as kenter shackles, anchor shackles, swivels, sockets and other accessories. Feubo is based in Hattingen, Germany. y
Keith Shepherd Joins DCL Mooring & Rigging as CEO/President
> DCL Rigging & Mooring (DCL) has strengthened its management team by welcoming the addition of Mr. Keith Shepherd as CEO & President. Mr. Shepherd was formerly
North America Senior Sales Manager of the Cortland Company and has 30 years of experience creating and growing markets
& companies in the Rigging, Aerospace, Defense, Heavy Lift and Mooring Industries Keith Shepherd commented: “DCL has
envisioned aggressive change & growth with an agenda intended to move it forward as our industry embraces changing technology and challenging regulatory & market conditions. DCL has been a valuable and quality-orientated partner to our customers and we look forward to improving and growing these partnerships. DCL intends to rapidly bring new products & services online, add new markets, and increase our customer base. We are increasingly optimistic about 2020 and I look forward to connecting with DCL’s customers and vendors as the weeks go by” Hans Jonassen, Sr. Vice President of
DCL and industry veteran, added: “Anyone in this industry can see that the magnitude and severity of the changes impacting all involved are accelerating.” Hans elaborated that: “The addition of Keith as our CEO/ President is a very visible demonstration that DCL will not be standing still! DCL has a fabled 75-year history of providing customers with safe, high-quality solutions in the rigging, heavy-lift, and mooring markets and we look forward to doing the same in new markets. We, at DCL, are excited about the future with a forward-looking professional such as Keith!” ISO Certified and located in New
Orleans, LA, DCL Mooring & Rigging (DCL) has been serving the Marine, Industrial, and Offshore Industries for 75 years. DCL maintains one of the largest inventories of domestic and foreign, new and used anchors, anchor chains, rigging, fenders, buoys and fittings in the United States. DCL can test, inspect & manage your entire fleet of lifting assets and sells & leases marine products and solutions globally. To learn more, visit
www.dcl-usa.com. y
YOKE Welcomes Al Tanzil as Director of Sales for North America
> YOKE Industrial Corp of Taiwan, a world- class manufacturer of Lifting Accessories and Fall Protection Equipment, has announced the appointment of Al Tanzil as Director of Sales for North America. Al is joining the YOKE sales effort after
recently achieving commercial success from a European industrial lifting manufacturer.
Before that, he was a high-level engineer for an industry-leading American synthetic rope company. He will spearhead YOKE’s commercial
expansion in the North American region by leveraging his technical experience and pragmatic approach alongside his extensive network of channel partners and end users. As Safety is our first priority, Al is excited
to work with YOKE sales team to spread the awareness and the importance of safety, fit-for-purpose product applications to prospective customers while continuously creating the value with them. Please join us in welcoming Al Tanzil to
the YOKE family. y
Bishop Lifting Acquires Louisiana Crane & Electrical
> Bishop Lifting Products is proud to announce the completed acquisition of Louisiana Crane & Electrical Services, Inc., headquartered in Broussard, Louisiana. Louisiana Crane & Electrical Services Inc.
is a major regional manufacturer of overhead cranes and mechanical handling solutions. Louisiana Crane supplies, installs, services and maintains cranes and hoists throughout Louisiana, Arkansas, Texas and beyond. Started over 20 years ago, Louisiana Crane & Electrical Services was founded on the principle that proper fabrication is the most important part of the crane system allowing them to be the leading crane fabricator in the Southeast. Louisiana Crane offers 24-hour dispatching,
preventative maintenance crane inspections and electrical services. Harold King, President of Bishop Lifting
Products, said “Louisiana Crane significantly expands and diversifies the crane fabrication and service divisions within our Company.
WIRE ROPE EXCHANGE JANUARY–FEBRUARY 2020 7
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