Deere Selling SABO Turf Unit

10 July 2020

John Deere has announced that it has signed an agreement to sell its SABO Maschinenfabrik turf group to Mutares SE & Co. The transaction is contingent on regulatory approval by the Federal Cartel Office Bundeskartellamt, Germany’s national competition regulator.

SABO manufactures lawnmowers and other outdoor power products and to homeowners,…

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