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

06 Jun 2018 11:42 AM | Tessa (Administrator)

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.

Source: Scoop