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In 2011, ATS purchased Sortimat Group, a German life sciences automation firm, for $62 million. [7] In 2013, they purchased German packaging firm IWK for $144 million, [10] and in 2014, they purchased the automation business of German company M+W Group for $362 million. [11] In February 2017, Andrew Hider was appointed CEO of the company. [12]
Klaus Woerner (1939–2005) was the founder and CEO of ATS Automation Tooling Systems. Its main headquarters is located in Cambridge, Ontario, Canada and it is one of the world's foremost companies dealing with automated manufacturing equipment. Woerner was born in Germany in 1939.
ATS's Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, and SGL-2 Speculative Grade Liquidity Rating remain unchanged. Proceeds from the proposed $300 million issuance will be ...
These automated trading systems are mostly employed by investment banks or hedge funds, but are also available to private investors using simple online tools. An estimated 70% to 80% of all market transactions are carried out through automated trading software, in contrast to manual trades. [3] [4]
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The big shareholder groups in ATS Automation Tooling Systems Inc. ( TSE:ATA ) have power over the company. Institutions...
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