By Soyoung Kim and Sophie Sassard
NEW YORK/LONDON (Reuters) - UK turnaround specialist Melrose Industries
Crosby, which makes lifting fittings and blocks for the oil and gas, construction and mining sectors, is expected to appeal mainly to private equity firms such as KKR
Industry rivals National Oilwell Varco
JPMorgan is advising Melrose on the sale, the sources said.
JPMorgan declined to comment while Melrose was not immediately available for comment.
Last month, Melrose sold its generators and electric motors unit Marelli Motors to private equity house Carlyle
(Reporting by Soyoung Kim in New York and Sophie Sassard in London; editing by Tom Pfeiffer)