CAMBRIDGE, ON, June 2, 2021 /CNW/ - ATS Automation Tooling
Systems Inc. (TSX: ATA) ("ATS" or the "Company"), an
industry-leading automation solutions provider, today announced the
acquisition of Control and Information Management Ltd. ("CIM"), an
industrial automation system integrator based in Ireland. The financial terms of the
transaction were not disclosed.
With the acquisition of CIM, ATS adds to its automation and
service capabilities for biopharma, pharmaceutical, and other
manufacturing and services industries and enhances its digitization
strategy. CIM will operate as part of ATS' Process Automation
Solutions ("PA") business which is a leading independent provider
of complete automation solutions for the process and manufacturing
industries.
"The addition of CIM strengthens our capabilities and expands
our customer base and reach in the pharma market, both in
Europe and globally," said Process
Automation Solutions President Dr. Christian Debus. "By leveraging the combined
portfolios of CIM and PA, we are better able to address the needs
of our global customer base and deliver an even more compelling
value proposition."
Founded in 2003 and based in Dublin,
Ireland, CIM is a system integrator with a focus on
industrial automation. The company offers a full spectrum of
automation related services including system development, upgrades,
technical support, project management and validation consultancy.
With an employee base of ~65 employees, CIM primarily serves
customers in the biopharma and pharmaceutical sectors. CIM will
continue to be led by its co-founders Darrin McCrudden and Eamonn Nally.
"We have developed a strong relationship with PA since our
initial engagement with its leadership team, and share the same
ethos for providing high-quality, technical engineering solutions
and services in the pharma and biopharma automation space. We are
excited to grow globally with the backing of an international
partner," said Eamonn Nally,
co-founder of CIM. "By joining the PA team, our customers benefit
from the experience and expertise of a globally active company that
has the flexibility to adjust to individual industries and
requirements. We are also better positioned to support our
customers in their digitalization journey," added Darrin McCrudden, co-founder of CIM.
About CIM
Control and Information Management (CIM)
Ltd. was founded in 2003 by Darrin
McCrudden and Eamonn Nally
through a management buyout from Siemens Ireland. The company,
which is based in Ireland,
implements automation solutions in the highly regulated life
sciences industry as well as the manufacturing sector and delivers
new and upgrade systems for standalone and plant-wide
configurations. CIM has enjoyed steady growth in size, operation
and client base since conception. CIM adopted a strategy to keep
expertise, experience and knowledge of its client systems in-house
to ensure it retains the expertise to continue providing
high-quality and differentiated solutions. CIM employs ~65
employees and has strong relationships with all major vendors.
Visit the company's website at www.cim.ie for more details.
About ATS
ATS is an industry-leading automation
solutions provider to many of the world's most successful
companies. ATS uses its extensive 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 the sophisticated manufacturing
automation systems and service needs of multinational customers in
markets such as life sciences, food & beverage, transportation,
consumer products, and energy. Founded in 1978, ATS employs over
5,000 people at 28 manufacturing facilities and 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. Visit the Company's website at
www.atsautomation.com.
SOURCE ATS Automation Tooling Systems Inc.