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11/6/2018 — General
Scott completes Transbotics deal

The expansion-minded diverse Dunedin-based technology and mining service company Scott Technology Ltd (NZX: SCT) has completed its latest acquisition.

The company said on Friday it had completed acquisition of Transbotics Corporation. The original announcement on purchasing the American company which makes automated guided vehicles was made on May 31 to the New Zealand Stock Exchange.

Scott said Transbotics has 30 team members and historical revenues have ranged from $US4.5 million to $US11 M over the past five years.

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