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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 ...
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While ATS Automation Tooling Systems Inc. ( TSE:ATA ) shareholders are probably generally happy, the stock hasn't had...
The addition of iXLOG is highly complementary to ATS’ Process Automation Solutions (“PA”) business. [ 6 ] In December 2019, ATS acquired MARCO Limited (“MARCO”), a provider of yield control and recipe formulation systems to help customers in the food, nutraceuticals and cosmetics sectors increase productivity and meet stringent ...
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