ATS Automation Completes Acquisition of M+W Process Automation
CAMBRIDGE, ON, Aug. 29, 2014 /CNW/ - ATS Automation Tooling Systems Inc. (TSX:ATA) ("ATS" or the "Company") today announced that the acquisition of M+W Process Automation, a leading global provider of engineering-based automation services and solutions focused on the control, performance monitoring and measurement of critical production processes, previously announced on July 8, 2014, has been completed.
ATS Automation provides innovative, custom designed, built and installed manufacturing solutions to many of the world's most successful companies. Founded in 1978, ATS uses its industry-leading knowledge and global capabilities to address the sophisticated automation systems' and service needs of multinational customers in industries such as life sciences, transportation, energy, consumer products and electronics. It also leverages its many years of experience and skills to fulfill the specialized automation product manufacturing requirements of customers. ATS employs approximately 3,500 people at 27 manufacturing facilities and 47 offices in North America, Europe, Southeast Asia and China. The Company's Solar segment is classified as discontinued operations. The Company's shares are traded on the Toronto Stock Exchange under the symbol ATA. Visit the Company's website at www.atsautomation.com.
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Maria Perrella, Chief Financial Officer
Carl Galloway, Vice-President, Treasurer