Novanta to acquire ATI Industrial Automation for $172 million
Novanta Inc. reached an agreement to acquire ATI Industrial Automation for $172 million upfront in cash plus contingent payments, expected to close in Q3 2021.
Productsrobotic changing systemsforce/torque sensorscollision sensors
“ATI is a fantastic business with proprietary intellectual property in attractive and growing markets.”investors.novanta.com
- 4 sources
- investors.novanta.comNovanta Inc. - Novanta Announces Agreement to Acquire ATIJul 19, 2021
- businesswire.comNovanta Announces Agreement to Acquire ATINovanta Inc.Jul 19, 2021
- investors.novanta.comNovanta Inc. - Novanta Completes Acquisitions of SEM and ATI and Updates Financial GuidanceAug 31, 2021
- assemblymag.comNovanta Acquires SEM and ATI | 2021-09-02 | ASSEMBLYBy: Austin WeberSep 2, 2021
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