ATS acquires Asia-Pacific based ZI-ARGUS

CAMBRIDGE — ATS Automation Tooling Systems Inc. announced that it has entered into a definitive agreement to acquire ZI-ARGUS, a subsidiary of Zuellig Group. ZIA is an independent automation Systems Integrator in the ASEAN region and Australia, with a focus on process control, factory floor automation, data center and Industry 4.0 digitization solutions. The financial terms of the transaction were not disclosed.

ZIA will join ATS’ Process Automation Solutions business, a provider of complete automation solutions for the process and manufacturing industries. ZIA will strengthen PA’s position in high-growth automation and digitalization markets in the region with a background for customers in Pharma, Food & Beverage, Consumer Goods, Petrochemical, Biochemical, and Data Centers, while also accelerating PA’s digitalization journey. The transaction is subject to the completion of certain closing conditions.

“ZIA provides us with a proven platform to serve domestic and global customers in industries that are strategic to us and in geographic regions that are highly complementary to our existing footprint,” said Dr. Christian Debus, President of PA. “Additionally, ZIA’s extensive technical capabilities will enhance PA’s digitalization business, which is experiencing significant demand as customers seek to take full advantage of IIoT and smart factory advancements. We welcome ZIA’s experienced team to PA.”