Scott Technology buys US manufacturer

Dunedin-based Scott Technology has completed its purchase of US automated guided warehousing vehicle manufacturer Transbotics Corp.

Scott is yet to disclose the purchase price of the manufacturer, which it said has historical revenues ranging from $US4.5 million ($NZ6.4 million) to $US11 million ($NZ15.6 million), and will immediately contribute to Scott’s profit line.

Transbotics’ 30 staff, based in Charlotte, North Carolina, will transfer to work for Scott, chairman Stuart McLauchlan said in a statement on Friday.

Early this year Scott bought Belgian warehouse automation company Alvey for $NZ20.3 million cash. The 36-year-old Transbotics is in the top 10 manufacturers of automated, unmanned, guided vehicles in the US.