Cambridge, Ontario (May 20, 2021) – ATS Automation Tooling Systems Inc. (TSX: ATA) (“ATS” or the “Company”) today reported its financial results for the three and 12 months ended March 31, 2021. Fourth quarter highlights: • Revenues increased 4.7% year over year to $399.9 million. • Earnings from operations were $42.8 million (10.7% operating margin), compared to $24.9 million…
ATS Acquires Fluid Dispensing & Laboratory Automation Equipment Provider BioDot Inc.
Cambridge, Ontario (April 14, 2021) – ATS Automation Tooling Systems Inc. (TSX:ATA) (“ATS” or the “Company”), an industry-leading automation solutions provider, today announced it has entered into a definitive agreement to acquire BioDot, Inc. (“BioDot”), a leading manufacturer of automated fluid dispensing systems for US$84 million (~C$106 million), subject to customary post-closing adjustments, representing 9.7x BioDot’s FY2022 expected EBITDA or…
ATS Announces Successful Conclusion of Tender Offer for Acquisition of CFT
Cambridge, Ontario (March 12, 2021) – ATS Automation Tooling Systems Inc. (TSX:ATA) (“ATS” or the “Company”), an industry-leading automation solutions provider, today announced results for the voluntary public tender offer launched by ATS Automation Holdings Italy S.r.l., a limited liability company indirectly and wholly controlled by ATS, to acquire 100% of the outstanding shares and voting rights of CFT S.p.A…
ATS Launches Voluntary Tender Offer For Global Food & Beverage Equipment Supplier CFT S.p.A.
Cambridge, Ontario (December 7, 2020) – ATS Automation Tooling Systems Inc. (TSX:ATA) (“ATS” or the “Company”), an industry-leading automation solutions provider, today announced its intention to acquire, by way of a voluntary public tender offer, CFT S.p.A. (BIT:CFT) (“CFT”), an established global supplier to the food and beverage equipment market. The tender offer of €4.60 per share represents a total…
