Scott Technology conditionally agrees to buy US-based AGV manufacturer Transbotics

Thu, 31 May 2018

By Rebecca Howard May 31 (BusinessDesk) - Scott Technology has entered a conditional agreement to buy Transbotics, a US-based automated guided vehicle manufacturer. No price was disclosed. The deal will add 30 staff to the 700 it has globally. The effective completion date is expected to be June 1. The deal is subject to conditions, including Transbotics shareholder approval. Dunedin-based Scott Technology said the deal "will achieve our goal of building a complete end-to-end offering for the overall production process from raw mater...

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