Scott Technology to acquire Transbotics Corporation

Scott Technology Ltd reached a conditional agreement to purchase the business assets and intellectual property of Transbotics Corporation, a US-based AGV manufacturer in Charlotte, North Carolina, adding 30 employees.

“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.”automatedwarehouseonline.com

• 1 source
• automatedwarehouseonline.comScott Technology to purchase Transbotics - Automated WarehouseMike OitzmanMay 31, 2018

Summarized from public sources; check the original articles before acting on it.