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New Deal


Announced

Completed

Crosby completed the acquisition of Feubo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Single Bidder

Majority

Friendly

offshore mooring

Private

Acquisition

Completed

Oil Equipment and Services

Synopsis

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Crosby, a manufacturer of premium accessories used in lifting, rigging, and securement applications, completed the acquisition of Feubo, a provider of offshore mooring components for the oil and gas and wind energy markets. Financial terms were not disclosed. “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,” Oliver Feuerstein, Feubo CEO.

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