# ATS Corporation acquires Paxiom Group

ATS Corporation completed the acquisition of Canadian packaging machinery company Paxiom Group in spring 2024. The multimillion-dollar transaction aims to strengthen ATS's packaging and food technology business.

- Type: Acquisition
- Announced: 2024-10-08
- Where: Cambridge, Ontario, Canada
- Status: completed
- Products: packaging machinery
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Paxiom Group](https://endata.com/companies/11864.md) (target)
- [ATS](https://endata.com/companies/46742.md) (acquirer)

## Sources

- [paxiom.com](https://www.paxiom.com/articles/the-real-deal/), 2024-10-08: "the recent acquisition of Canadian packaging machinery stalwart Paxiom Group by Cambridge, Ont.-headquartered automation powerhouse ATS Corporation could well be the start of an exciting new chapter"
- [weighpack.com](https://www.weighpack.com/the-real-deal/), 2024-10-08: "the recent acquisition of Canadian packaging machinery stalwart Paxiom Group by Cambridge, Ont.-headquartered automation powerhouse ATS Corporation could well be the start of an exciting new chapter"

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