◂ Announcements

May 23, 2017ACQUISITIONPardesiya, Israel, Israel

MTD subsidiary to merge with Robomow maker F. Robotics Acquisitions

A subsidiary of MTD Products Inc. has entered into a merger agreement with F. Robotics Acquisitions Ltd, maker of Robomow robotic lawn mowers, expected to close around July 2, 2017.

Status

Announced

Productsrobotic lawn mowersRobomow

CompaniesMTD Products Inc. acquirer F. Robotics Acquisitions Ltd target Friendly Robotics target

Sectors#Automation and Robotics

“A subsidiary of US-based outdoor power equipment producer MTD Products Inc is set to merge with a maker of robotic residential lawn mowers sold mainly in Europe.”thefreelibrary.com

2 sources
thefreelibrary.comMTD Unit to Merge with Israeli Maker of Robotic Lawn Mowers. - Free Online LibraryMay 23, 2017
protoolreviews.comRobomow Merger with MTD to Increase US Sales - Pro Tool ReviewsAdam SpaffordJun 22, 2017

Summarized from public sources; check the original articles before acting on it.

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