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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 ...
ATS Automation Tooling Systems Inc (TSX:ATA) is trading with a trailing P/E of 40.4x, which is higher than the industry average of 23.8x. While this makes ATA appear like aRead More...
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In 2018, ATS acquired KMW, a German-based supplier of custom micro-assembly systems and test equipment solutions. [1] ATS and Bruce Power opened the Major Component Replacement (MCR) Integration testing facility in September 2018 at ATS’ headquarters in Cambridge, Ontario. [2]
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