Business Acquisition – Transbotics

©Scott Technology Limited 

Scott Technology Limited
 
630 Kaikorai Valley Road 
Private Bag 1960 
Dunedin 9054 
New Zealand 
+64 3 478 8110 
www.scottautomation.com 
 

31 May 2018

Listed Company Relations
New Zealand Exchange
Limited PO Box 2959
Wellington

Dear Sir/Madam

BUSINESS ACQUISITION - TRANSBOTICS

The Board of Scott Technology Ltd (SCOTT) is pleased to announce that the company
has reached a conditional agreement to purchase the business assets and intellectual
property of Transbotics Corporation (Transbotics) a US based AGV (automated
guided vehicle) manufacturer, headquartered in Charlotte, North Carolina.

This strategic acquisition will achieve our goal of building a complete end-to-end
offering for the overall production process from raw material receipt to final distribution.
The recent acquisition of Alvey was the first step toward this goal, however an AGV
business such as Transbotics was also needed to complement these back end logistic
capabilities.

The acquisition of Transbotics is consistent with SCOTT’s acquisition strategy of
accelerating market access, while providing us with skills and technologies faster and
at a lower cost than doing it ourselves.

Recently SCOTT has engaged in projects that have required the integration of AGV
systems from third parties. We will now be able to meet this need in house, while
removing the risk and cost associated with outsourcing. It will also provide a strong
platform to launch SCOTT’s existing materials handling and logistics products into the
North American market.

This transaction will add 30 team members to our current workforce of over 700
globally.

The effective completion date is currently scheduled to be 1 June 2018 and the market
will be further updated once all conditions, including Transbotics shareholder approval,
have been satisfied.

©Scott Technology Limited 

About Transbotics

Since 1982, Transbotics Corporation has specialised in the design, installation and
support of Automatic Guided Vehicles (AGVs), and Automated Guided Carts (AGC’s)
including custom engineered vehicles to provide proven, reliable material handling
solutions for production and warehouse facilities.

The Scott Board is excited about the opportunities that the acquisition of Transbotics
will provide to the Scott Group.


Yours faithfully




S J McLauchlan C C Hopkins
Chairman Chief Executive
Ph: +64 27 433 5481 Ph: +64 27 815 975














About Scott
At Scott we automate the future. The production line machinery we design and build
deliver productivity gains and exceptional reliability to many of the world’s leading
manufacturers. We go a step beyond engineering production solutions to actually
revolutionising entire industries – using robotics to automate manual processes and create
genuine competitive advantage.
For over 100 years Scott has looked to tomorrow and rapidly responded to shifting needs.
Today, we have production bases in the United States, Germany, China, Australia and
New Zealand, customers in over 80 countries, and a real commitment to developing new
technology and bringing it to market. Across everything we do you will discover true
quality, advanced engineering and a renowned design aesthetic.
Scott. Quality that lasts. Quality that inspires.


Learn more about SCOTT and TRANSBOTICS at www.scottautomation.com and
https://www.transbotics.com