Wright Industries, one of Nashville's largest privately owned companies, has conditionally agreed to be sold to a British robotics firm for $70 million plus the assumption of as much as $50 million of Wright debt.

The 54-year-old maker of turnkey automation systems will be acquired by Robotic Technology Systems Plc. (RTS), with which Wright has worked for three years on nuclear clean-up programs in the U.S. RTS is based in Manchester, UK and its shares trade on the London Stock Exchange.

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