Scott Technology announces strategic review
©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.
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