Gunnebo Industries

What Gunnebo Industries does

Gunnebo Industries is a Sweden-headquartered industrial brand that designs, manufactures, and sells premium lifting and material handling hardware, including chain and lifting components, shackles, and lashing products. Manufacturing is concentrated in Sweden and Norway under a process described in company materials as unique within the industry: every chain link and individual lifting component is proof loaded to a minimum of two times its working load limit and visually inspected by expert personnel, with all products marked for full traceability back to the source raw material. The portfolio's anchor product, the GrabiQ chain sling system launched in 2000, is a multi-function modular design featuring Grade 10 lighter slings with 25% added strength versus Grade 8 and a built-in shortening function that reduces component count per sling. The product line has been extended over decades through a sequence of first-of-kind introductions, including the G-coupler (1952), BK safety hook (1965), UKN hook (1975), SKLI roller bearing swivel (1976), SKR roundsling coupler (1977), Midgrab chain shortener (2005), BKD hook (2008), MFH and Arctic master link (2010), and the ROV retrieve shackle for subsea applications (2015).

The company's commercial model is hardware sales of safety-critical equipment distributed through Kito Crosby's global enterprise field sales network and channel partner ecosystem, with dedicated Swedish domestic sales and an 11+ language corporate web presence. Customer segments span industrial lifting and material handling, construction (representing over 30% of the rigging market), and crane and heavy-lift operations needing precision load handling and OSHA/ASME-grade compliance. Pricing is quote-based for enterprise customers requiring custom configurations, and revenue is not disclosed at the brand level because Gunnebo Industries operates as one of multiple brands inside privately held parent Kito Crosby, alongside Crosby, Kito, Harrington, Peerless, and eepos. The differentiation thesis rests on 260+ years of continuous brand presence, a documented patent portfolio, and an audited proof-load and traceability regime that competitors must replicate to participate in safety-regulated end markets.

Name

Gunnebo Industries

Legal name

Gunnebo Industries

Website

https://gunneboindustries.com

Company type

Private

Founded year

1764

Operating status

Operating

Headcount range

251–500 employees

Short description

Gunnebo Industries is a Sweden- and Norway-manufactured premium lifting hardware brand, operating under Kito Crosby, that sells proof-loaded chain, shackles, and chain sling systems such as GrabiQ to construction, industrial, and crane/heavy-lift customers worldwide through channel partners and enterprise field sales.

Ownership category

akta.pro rank

Product category

Industrial Lifting Hardware

NAICS

Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Lifting Accessories & Rigging (Slings, Shackles, Hooks, Spreaders) (IMAHAJAI)

akta.pro secondary industries

Lifting Attachments & Material Handling Accessories (Fork Attachments, Slings, Rigging) (IMAHABAJ), Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls) (IMAHAJAK)

Keywords

• Lifting hardware manufacturing
• Material handling equipment
• Chain sling systems
• Rigging hardware
• Industrial shackles

Headquarters

HQ city

Västerås

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Lifting Hardware Products: Gunnebo Industries generates revenue through the sale of lifting and material handling hardware including chain slings, shackles, lifting components, and lashing products. Products are manufactured in Sweden and Norway to premium quality standards and sold through the Kito Crosby distribution network.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Gunnebo Industries manufactures and sells premium lifting and material handling hardware, including chain, lifting components, shackles, lashing products, and the proprietary GrabiQ chain sling system. Products are manufactured in Sweden and Norway, proof-loaded to a minimum of two times the working load limit, visually inspected, and marked for full traceability from raw material source. The portfolio is targeted at industrial lifting, construction, and heavy material handling applications requiring certified safety standards.

Product overview

Gunnebo Industries is a global leading brand in the lifting and material handling industries, operating as a product brand under Kito Crosby. The portfolio consists of premium quality chain and lifting components, shackles, and lashing products manufactured in Sweden and Norway. Key offerings include the GrabiQ chain sling system (launched 2000) featuring Grade 10 lighter slings with 25% added strength versus Grade 8, and various patented hook and shackle products. All products are manufactured to major industry standards, marked for full traceability, proof loaded to minimum 2x working load limit, and visually inspected by expert personnel. Historical innovations include the G-coupler (1952), BK safety hook (1965), UKN hook (1975), SKLI roller bearing swivel (1976), SKR roundsling coupler (1977), Midgrab chain shortener (2005), BKD hook (2008), MFH and Arctic master link (2010), and ROV retrieve shackle (2015).

Differentiator

Problem solved

Functional benefit

Brands

• GrabiQ: GrabiQ is an intelligent chain sling system providing quicker, safer, and easier lifting operations. Features multiple functions in each component, built-in shortening function, Grade 10 lighter slings with 25% added strength compared to Grade 8, and highest quality proof-loaded products.

Products and services

• Chain and Lifting Components Premium quality chain and lifting components manufactured in Sweden and Norway, exceeding safety standards with full traceability and proof loading to minimum 2x working load limit. For industrial lifting and material handling operators.
• Shackles Heavy-duty shackles for lifting and rigging applications, part of Gunnebo Industries' established premium quality product line. Includes specialized variants such as the ROV retrieve shackle for subsea and remotely operated vehicle applications.
• Lashing Products

Quantifiable outcome

• 25% added strength compared to Grade 8 products with Grade 10 lighter slings
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

One partnership is on record.

• Kito CrosbycoreStrategic or Co-development PartnerGunnebo Industries operates as a product brand under Kito Crosby, a global leader in lifting and material handling. The parent company provides global distribution, marketing infrastructure, training programs (Crosby University), and multi-brand portfolio management across Kito, Crosby, Harrington, Gunnebo Industries, Peerless, and eepos brands.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Crosby Group: Crosby is a sister product brand under Kito Crosby and one of the most recognized global manufacturers of shackles, hooks, and rigging hardware. Highly comparable to Gunnebo Industries — overlapping product categories (shackles, hooks, lifting components) and the same global distribution platform.
• Pewag Group: Austrian-headquartered premium manufacturer of chains, chain slings, and traction chains. Direct comparable to Gunnebo on chain slings and lifting components, with similar Grade 10 / GrabiQ-equivalent premium positioning and global industrial distribution.
• RUD Group: German manufacturer of lifting and lashing chains, sling systems, and load-securing products. Direct competitor to Gunnebo in chain slings and lifting components, with strong European manufacturing presence and industrial-grade product positioning.
• SpanSet: Swiss-based manufacturer of lifting and load-securing products, including round slings, chain slings, and lashing systems. Direct comparable to Gunnebo's GrabiQ, roundsling coupler, and lashing lines, with similar premium safety and certification orientation.
• Codipro: Luxembourg-based specialist in swivel hoist rings and high-grade lifting points. Adjacent product overlap with Gunnebo's premium lifting components (master links, hooks) and similar focus on premium European manufacturing.
• Yale (Columbus McKinnon brand): Recognized brand of industrial chain, hoists, and lifting products, owned by Columbus McKinnon. Comparable to Gunnebo on chain and lifting hardware sold through industrial distribution into construction and general lifting applications.
• Harrington Hoists: Sister product brand under Kito Crosby manufacturing hoists and lifting products. Closely comparable to Gunnebo as a portfolio sibling with overlapping end customers (construction, industrial lifting) and shared global distribution.

Broad incumbents

• Columbus McKinnon: US-listed broad incumbent in material handling with a wide portfolio of hoists, cranes, chain, and rigging products. Larger and more diversified than Gunnebo, but overlapping directly in lifting chain, shackles, and hoists for industrial customers.

Emerging players

• Bridon-Bekaert Ropes Group: Bekaert's ropes business combines synthetic and steel rope solutions used in lifting and material handling. Partial overlap with Gunnebo on wire-rope sling and lashing applications, primarily as an alternative rigging material.
• Norelem: European manufacturer of standard machine elements including lifting and clamping components. Partial overlap with Gunnebo on select lifting accessories and components, though broader and less specialized in heavy-duty chain/shackle systems.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gunnebo Industries