ATS Corporation to acquire Paxiom Group, a provider of packaging machines in the food, beverage, cannabis, and pharmaceutical industries
Acquiring Company
ATS Corporation
Acquired Company
Paxiom Group
CambridgeMontrealManufacturingManufacturingDescription
ATS Corporation has entered into a definitive agreement to acquire Paxiom Group, a leading provider of primary, secondary, and end-of-line packaging machines. The acquisition aims to expand ATS' presence in regulated markets, such as food and beverage and life sciences, by leveraging Paxiom's strong reputation and sophisticated offerings, providing both organic and synergistic opportunities for growth with an accretive margin profile.
Quick answer
ATS Corporation is acquiring Paxiom Group, announced May 15, 2024. ATS Corporation is based in Cambridge, Ontario, Canada.
- How much did ATS Corporation pay for Paxiom Group?
- The deal value was not disclosed.
- What does ATS Corporation do?
- ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies.
- Where are ATS Corporation and Paxiom Group based?
- ATS Corporation is based in Cambridge, Ontario, Canada. Paxiom Group is based in Montreal, Quebec, Canada.
- Who are the decision-makers at ATS Corporation?
- Fundz holds 2 contacts at ATS Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Paxiom Group?
Paxiom Group was acquired by ATS Corporation, based in Cambridge. The deal was reported on May 15, 2024. ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS Corporation is privately held and operates in Manufacturing.
When did ATS Corporation acquire Paxiom Group?
ATS Corporation's acquisition of Paxiom Group was reported on May 15, 2024. ATS Corporation has entered into a definitive agreement to acquire Paxiom Group, a leading provider of primary, secondary, and end-of-line packaging machines. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paxiom Group do?
We are an industry-leading provider of primary, secondary and end-of-line packaging machines. It is privately held, operating in Manufacturing, and is based in Montreal.
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