KKR-backed Crosby Group acquired Gunnebo from Segulah.

KKR-backed Crosby Group, a leading global provider of lifting, rigging, and material handling hardware, acquired Gunnebo, a multinational security corporation, from Segulah, a Nordic private equity firm. Financial terms were not disclosed. “Given our shared commitment to safe rigging and lifting and our equally committed and talented teams, this acquisition is a natural fit,” Bob Davies, Chief Executive Officer of Crosby, said. “Together we complement each other perfectly. Crosby and Gunnebo Industries will be able to deliver enhanced value for customers and channel partners by providing a broader product portfolio, enhanced support and training, expanded geographic presence and greater ability to offer innovative solutions.”