ATS Automation Tooling Systems
| File:ATS Automation Tooling Systems logo.svg | |
| Company type | Public |
|---|---|
| TSX: ATA | |
| Industry | Automated Machinery and Equipment |
| Genre | Engineering and Manufacturing |
| Founded | 1978  |
| Founder | Klaus Woerner |
| Headquarters | 730 Fountain St N., , |
Key people | Andrew Hider (CEO since 2017) |
| Revenue | 1.4B CAD[1] |
Number of employees | 4200 [2] |
| Divisions | 20 facilities and 50 offices worldwide:[2] |
| Website | www.atsautomation.com |
ATS Automation Tooling Systems is a Cambridge, Ontario based Canadian company that designs and builds factory automation systems. It is listed on the Toronto Stock Exchange.
History
ATS was founded by Klaus Woerner in 1978.[3] Woerner, who immigrated to Canada from Germany in 1974, ran the company until his death in 2005, overseeing significant growth.[4] In 2007, ATS pulled the planned IPO of its solar division, Photowatt.[5] Partially as a result of this, two hedge funds, Goodwood and Mason Capital Management, led a proxy fight against the firm, leading to the a new board of directors and management team.[6] Anthony Caputo became CEO at this time.[7] Photowatt under-performed significantly in the years that followed;[6] the company eventually sold Photowatt's French operations to EDF Group.[8]
In 2011, ATS purchased Sortimat Group, a German life sciences automation firm, for $62 million.[6] In 2013, they purchased German packaging firm IWK for $144 million,[9] and in 2014, they purchased the automation business of German company M+W Group for $362 million.[10]
In February 2017, Andrew Hider is appointed CEO. [11]
In 2018, ATS acquired KMW, a German-based supplier of custom micro-assembly systems and test equipment solutions. [12]
ATS and Bruce Power opened the Major Component Replacement (MCR) Integration testing facility in September 2018 at ATS’ headquarters in Cambridge, Ontario. [13]
In December 2018, ATS acquired substantially all of the intellectual property assets of Transformix Engineering Inc. (“Transformix”) [14]
In February 2019, ATS completed the acquisition of Comecer S.p.A, a leader in the design, engineering, manufacture, and servicing of advanced aseptic containment and processing systems for the nuclear medicine and pharmaceutical industries. [15]
April 2019, ATS Introduced ILLUMINATE™ Manufacturing Intelligence, a next-generation factory optimization Industrial Internet of Things (IIoT) platform solution. [16]
In September 2019, ATS acquired iXLOG Unternehmensberatung GmbH ( “iXLOG”), a Germany-based IT consulting and service provider specializing in business process optimization, business intelligence and analytics. The addition of iXLOG is highly complementary to ATS’ Process Automation Solutions (“PA”) business. [17]
In December 2019, ATS acquired MARCO Limited (“MARCO”), a provider of yield control and recipe formulation systems to help customers in the food, nutraceuticals and cosmetics sectors increase productivity and meet stringent industry regulations. [18]
Operations
ATS builds automation systems for the medical devices, pharmaceuticals, telecommunications, semiconductor, fiber optics, automotive, computers, solar energy and consumer products industries. As of 2018, they have designed and built 23,000 automation systems.[2]
ATS employs approximately 4200 people worldwide, with 20 facilities in North America, Europe and Asia.[2]
References
- ^ https://www.newswire.ca/news-releases/ats-reports-fourth-quarter-and-fiscal-2020-results-805337404.html
- ^ a b c d "About Us (CA;ATA)". Retrieved 2020-11-16.
- ^ "100 years, 100 people: Business". KitchenerPost.ca. 2012-05-24. Retrieved 2018-11-09.
- ^ "ATS founder Klaus Woerner passes away | ATS Automation". www.atsautomation.com. Retrieved 2018-11-09.
- ^ "ATS Automation pulls its planned solar IPO". National Post. 2007-03-28.
- ^ a b c "ATS Automation starting to turn investors' crank". The Globe and Mail. 2011-07-06. Retrieved 2018-11-09.
- ^ "ATS Automation Tooling cutting 150 jobs | The Star". The Toronto Star. 2008-11-12. Retrieved 2018-11-09.
- ^ "French court approves sale of ATS solar division". TheRecord.com. 2012-02-27. Retrieved 2018-11-09.
- ^ Howitt, Chuck (2013-09-03). "Cambridge company ATS to acquire German packaging firm for $144M". TheRecord.com. Retrieved 2018-11-09.
- ^ "ATS acquires Germany's M+W Group for $362-million in bid to boost auto industry exposure". Financial Post. 2014-07-08. Retrieved 2018-11-09.
- ^ https://www.automationmag.com/6787-ats-automation-names-andrew-hider-ceo/
- ^ https://www.bloomberg.com/press-releases/2018-11-01/ats-completes-acquisition-of-kmw
- ^ https://www.brucepower.com/2018/09/12/ats-and-bruce-power-celebrate-grand-opening-of-advanced-automation-testing-facility/
- ^ https://www.therecord.com/business/2018/12/06/ats-buys-technology-for-high-speed-assembly.html
- ^ https://www.newswire.ca/news-releases/ats-completes-acquisition-of-comecer-893851669.html
- ^ https://news.thomasnet.com/fullstory/new-illuminate-manufacturing-intelligence-iiot-platform-is-scalable-modular-flexible-and-mobile-40023333
- ^ https://finance.yahoo.com/news/ats-acquires-consulting-provider-strengthen-124500467.html
- ^ https://www.cantechletter.com/2019/12/ats-automation-scored-with-marco-acquisition-stifel-says/