ELABO is a provider of customised, intelligent workstation solutions, test systems and measuring / testing equipment as well as a software provider for the digitalisation of work processes in the electrical industry. The company covers a comprehensive range of Industry 4.0 solutions with a broad product portfolio. After ELABO's business model no longer fit with the core activities of the Gustav Zech Foundation, the company initiated the sales process.
Bott is a group of companies that develops and manufactures in-vehicle equipment, factory equipment and workplace systems for the global market. With an acquisition of ELABO, they saw an opportunity to increase their market share in the workplace solutions sector.
Following transaction team facilitated the transaction for our client.
About the sector
Germany is the world's third largest producer of machinery. Mechanical and plant engineering is thus considered the leading export and innovation sector. The industry, which is strongly characterised by small and medium-sized enterprises, manufactures complex products for the entire economy and utilises technologically sophisticated preliminary products.