In a late NZX filing on Thursday, Scott chief executive Chris Hopkins said an existing, unnamed, customer was engaged in "possible equity fundraising'', and had advised its investors some of the funds would be used to buy Scott machinery.
"Scott has a heads of agreement with this customer for an initial supply of equipment for a total consideration of approximately $NZ5million,'' he said.
Scott would be in discussions over orders during the next 18 months, which if settled would result in a "significant lift'' in revenue for that period, he said.
A controlling 50.1% stake was taken in Scott by Brazilian food giant JBS in April this year, reaping the company more than $40million, leaving about $25million cash in hand after debt was paid off.
