ATS Automation Completes Acquisition of IWK Group
730 Fountain St. North
Cambridge, ON, N3H4R7
Press release date: September 30, 2013
CAMBRIDGE, ON – ATS Automation Tooling Systems Inc. (TSX:ATA) ("ATS" or the "Company") today announced that the acquisition of IWK, a leading pharmaceutical and personal care tube filling and cartoning machinery group, previously announced on September 1, 2013, 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 serve the sophisticated automation systems' needs of multinational customers in industries such as consumer products electronics, energy, life sciences and transportation. It also leverages its many years of experience and skills to fulfill the specialized automation product manufacturing requirements of customers. Through its Ontario solar business, ATS participates in the solar energy industry. ATS employs approximately 2,600 people at 23 manufacturing facilities in Canada, the United States, 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.
For further information:
Maria Perrella, Chief Financial Officer
Carl Galloway, Vice-President, Treasurer