Proventis Partners is pleased to announce that the German manufacturer of premium lawnmowers and ground care equipment SABO-Maschinenfabrik GmbH has been sold to the Chinese technology group Shenzhen LDROBOT Co. Ltd. The strategic focus of the future partnership will be on the rapidly growing market for autonomous and robotic lawn care. The transaction will enable SABO to further strengthen its existing capabilities while gaining access to additional technological expertise for its future development. The transaction is subject to customary closing conditions.

Proventis Partners acted as exclusive M&A Advisor to the seller. This transaction adds to Proventis Partners’ strong track record in the Machinery & Equipment sector.

Advisor to the seller: Proventis Partners (exclusive M&A Advisor)