The London-based FTSE 100 constituent has appointed JP Morgan Cazenove to assist with the sale process.
Crosby manufactures lifting fittings, blocks and sheaves for oil and gas, construction and mining companies, while Acco makes a wide range of material handling equipment.
“At this early stage there can be no certainty that this review will lead to a sale process being launched,” Melrose said in a statement.
“A further announcement will be made if and when appropriate.”
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