Scott Technology Limited logo

Scott Technology announces strategic review

Strategic Review14 June 2023SCTIndustrials

©Scott Technology Limited 
 

 

15 June 2023 

 

SCOTT TECHNOLOGY ANNOUNCES STRATEGIC REVIEW 

Auckland, New Zealand: Scott Technology Limited (NZX: SCT) advises that after discussions with 

majority shareholder JBS (which owns 53.05% of the Scott shares), it intends to undertake a strategic 

review of its ownership structure, with a view to exploring options to

 maximise value for all 

shareholders. Scott has engaged Macquarie Capital as financial adviser to assist with the strategic 

review. 

Scott delivers smart automation and robotic solutions that transform industries by making 

businesses safer, more productive, and more efficient. Its diverse capability makes Scott the first 

choice for many of the 

world’s leading brands. Scott has design and build operations across New 

Zealand, Australia, China, Europe, and America and is backed by over 100 years of engineering 

excellence.  

As the review progresses, Scott remains committed to continuing to grow under its Scott 2025 

strategy. The strategic review is expected to take several

 months, and there is no certainty that any 

transaction will result. 

No decisions will be made regarding any potential transaction or other outcome until the completion 

of the process.    

ENDS  

For more information, visit www.scottautomation.com or contact:   

 

Investor Contact Media Contact 

John Kippenberger       

Chief Executive Officer, Scott Technology    

Amber McEwen

  

GRC Partners + Porter Novelli 

E: j.kippenberger@scottautomation.com  E: amber.mcewen@grcpn.nz 

M: +64 21 964 045 M: +64 21 194 0429

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

  • SKC — SkyCity Entertainment Group Limited: CORPORATE GOVERNANCE ROADSHOW
    2023-07-25

    • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •…”

  • NZX — NZX Limited: NZX appoints Smartshares Chief Executive
    2023-06-21

    NZX appoints Smartshares Chief Executive 22 June 2023 – NZX today announced the appointment of markets professional and senior executive Anna Scott as Smartshares Limited Chief Executive. Anna joins NZX from Auckland-based private wealth advisory group, Hobson Wealth, w…”

  • SEK — Seeka Limited: Seeka Announces Result for the Six Months to 30 June 2023
    2023-08-22

    27SEEKA LIMITED | INTERIM REPORT | JUNE 2023 16. Related party transactions The Group undertakes transactions with Seeka Growers Limited (SGL), a related party which administers all kiwifruit revenues received for the New Zealand business on behalf of supplying growers. In the c…”