# ATS to acquire packaging machine provider Paxiom Group

ATS Corporation signed a definitive agreement to acquire Paxiom Group, a Montreal-headquartered maker of primary, secondary and end-of-line packaging machines with about 200 employees and roughly $67 million revenue in 2023.

- Type: Acquisition
- Announced: 2024-05-15
- Where: Montreal, Quebec, Canada
- Status: announced
- Products: packaging machines, weigh filling equipment, palletizers, case packers, conveyors
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ATS Automation Tooling Systems](https://endata.com/companies/5706.md) (acquirer)
- [Paxiom Group](https://endata.com/companies/11864.md) (target)

## Sources

- [paxiom.com](https://www.paxiom.com/press-releases/ats-to-acquire-packaging-machine-provider-paxiom/), 2024-05-15: "ATS Corporation (TSX: ATS) (NYSE: ATS) today announced it has entered into a definitive agreement to acquire Paxiom Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.