CAMBRIDGE, ON, Dec. 3, 2021 /CNW/ - ATS Automation Tooling
Systems Inc. (TSX: ATA) ("ATS" or the "Company"), an
industry-leading automation solutions provider, today announced the
successful completion of its acquisition of SP Industries, Inc.
("SP"), a designer and manufacturer of high-grade biopharma
processing equipment, life sciences equipment, and lab apparatus
products. ATS entered into a definitive agreement and announced its
intention to acquire SP on November 7,
2021.
About ATS
ATS is an industry-leading automation
solutions provider to many of the world's most successful
companies. ATS uses its extensive knowledge base and global
capabilities in custom automation, repeat automation, automation
products and value-added services, including pre-automation and
after-sales services, to address the sophisticated manufacturing
automation systems and service needs of multinational customers in
markets such as life sciences, food & beverage, transportation,
consumer products, and energy. Founded in 1978, ATS employs over
5,000 people at 28 manufacturing facilities and over 50 offices in
North America, Europe, Southeast
Asia and China. The
Company's shares are traded on the Toronto Stock Exchange under the
symbol ATA. Visit the Company's website at
www.atsautomation.com.
SOURCE ATS Automation Tooling Systems Inc.