Buysse & Partners has acquired a majority stake in Mabo Group, a leading forklift specialist in the Benelux region, aiming to drive growth through strategic expansions and strong operational support.

Target Information

Mabo Group, established in 1987, specializes in the import and distribution of various types of forklifts, including sideloaders, truck-mounted forklifts, and narrow aisle forklifts. The company has developed strong partnerships with leading brands such as Combilift, Moffett/Kooiaap, Aisle Master, Bauman, Innolift, and Hyundai, positioning itself as a key player in the Benelux region for efficient and space-saving forklift solutions. Mabo Group not only emphasizes sales but also places significant importance on after-sales service and forklift rentals, enabling it to support customers effectively throughout the lifecycle of its products. With a dedicated team of approximately 75 employees, Mabo Group reported a turnover of €35 million in 2023.

Industry Overview in the Benelux Region

The forklift industry in the Benelux region is characterized by an increasing demand for specialized handling equipment that optimizes space and enhances operational efficiency. Companies are continuously looking for innovative solutions to improve warehouse productivity and reduce operational costs. As a result, the market for forklifts has been growing steadily, driven by sectors such as logistics, e-commerce, and manufacturing, where material handling efficiency is critical.

Technological advancements are playing a pivotal role in shaping this industry. The integration of automation and smart technologies into forklifts is becoming commonplace, allowing for improved safety, reduced human error, and