ATS Automation Tooling Systems Inc. (ATS), an automation solutions provider, announced the successful completion of its acquisition of BioDot Inc., a manufacturer of automated fluid dispensing systems for point-of-care and clinical diagnostics lab automation end-markets. ATS entered into a definitive agreement and announced its intention to acquire BioDot on April 14, 2021.
In other news, the company also 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.
CIM will operate as part of ATS' Process Automation Solutions (PA) business, which is an independent provider of complete automation solutions for the process and manufacturing industries. CIM will continue to be led by its co-founders Darrin McCrudden and Eamonn Nally.
"The addition of CIM strengthens our capabilities and expands our customer base and reach in the pharma market, both in Europe and globally," said ATS' PA 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."
Eamonn Nally, co-founder of CIM, added: "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."
Darrin McCrudden, co-founder of CIM, added: "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."
