ATS completes acquisition of SP Industries
by CM Staff
ATS entered into a definitive agreement and announced its intention to acquire SP on November 7, 2021.
CAMBRIDGE— Automation Tooling Systems Inc. an automation solutions provider, announced the successful completion of its acquisition of SP Industries, Inc., 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.
ATS uses its 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 manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, transportation, consumer products, and energy. The company currently operates 28 manufacturing facilities and has 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.
