The Beaujot family and SeedMaster company have sold their remaining shares of Dot Technology Corp to Raven Industries Ltd.
“The original sale of a majority interest in Dot to Raven that took place in November 2019, put Dot on a new path,” says Dot founder Norbert Beaujot. “This new path added Raven expertise in controls technology, as well as Smart Ag technology (another Raven acquisition), alongside of Dot’s home-grown electronic controls staff to solidify Dot’s electronic powerhouse.”
This sale by the Beaujot family of its remaining Dot shares will “simplify and streamline Raven’s ability to direct Dot’s path forward.”
The SeedMaster engineering and manufacturing staff (along with Norbert) developed and built all mechanical and hydraulic aspects and features for Dot.
The sale is prompted by the Beaujots viewing the project as a higher risk than the family wanted to carry on their own, which urged them to seek outside financial help and direction.
“We would like to thank all our staff (Dot and SeedMaster), friends, suppliers, Dot third-party implement partners, industry and government individuals who have supported and helped guide Dot through her infancy to where the company is now – it has been the realization of a dream,” says Beaujot. “Again, I wish Raven nothing but success on their path with Dot and I will continue to be a resource to support Dot on her journey to be the historical change for agriculture that she is poised to be.”
The Beaujot family and SeedMaster look forward to continued collaboration with Dot and Raven to help produce the most advanced technology for agriculture, not only with the autonomous platform but also with industry-leading farm implements for Dot, the family says.