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ATS to Acquire Paxiom Group
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ATS to Acquire Paxiom Group
May 15, 2024 2:50 PM

05:31 PM EDT, 05/15/2024 (MT Newswires) -- ATS (ATS) agreed to acquire Paxiom Group, a Montreal-based provider of packaging machinery for the food, beverage, cannabis and pharmaceutical industries, for an undisclosed price.

The acquisition is set to close in Q3, ATS said Wednesday.

ATS intends to finance the purchase with cash and by drawing on its revolving credit facility.

Price: 32.82, Change: -0.07, Percent Change: -0.21

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