ATS Life Science Systems strengthened by Heidolph lab solutions

Cambridge, Canada: – The ATS Life Sciences Systems portfolio of industry-leading automated manufacturing solutions to many of the world’s most successful life sciences companies has been boosted by the acquisition of respected German laboratory solutions provider Heidolph Group.

Parent company ATS Corporation has announced it has entered into a definitive agreement to acquire all material assets from Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH, together forming the Heidolph Scientific Products, relating to manufacture of premium lab equipment for the life sciences and pharmaceutical industries.

Strategic laboratory capabilities

Founded in 1938 and headquartered in Schwabach, Germany, Heidolph is a leading global manufacturer and distributor of equipment for evaporation, stirring, automation, shaking and mixing, liquid handling, and other crucial laboratory solutions. These adjacent strategic capabilities will complement ATS businesses, in particular ATS Scientific Products and Avidity Science, and allow ATS to offer even more comprehensive laboratory and pharma automation solutions.

In addition to laboratory equipment, Heidolph also offers software solutions for automated laboratory workflows and data documentation. The Group employs over 200 people in facilities in Germany, the United States, South Korea, and China and in its most recent fiscal returns reported revenues of approximately €50 million.

Bolstering ATS Life Science portfolio

ATS Corporation CEO Andrew Hider, commented: “With a comprehensive product range and a strong reputation established over 80 years, Heidolph will be a strong addition to our ATS Life Sciences business.”

“As we continue to grow our presence in regulated markets, Heidolph will bolster our solution set to customers in all stages of their operations,” he noted.

Prakash ‘Cash’ Mahesh, Group Executive for ATS Life Sciences, added: “The addition of Heidolph will strengthen our portfolio of offerings. Its strong reputation, brand recognition, and strategic location on three continents will broaden our reach while also expanding our customer base in key life sciences segments, from initial research and development right through to commercialization.”

Specific financial terms of the transaction were not disclosed but the transaction is expected to close in the third calendar quarter of 2024. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility.

About ATS Corporation

ATS Corporation 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 solutions 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, transportation, food & beverage, consumer products, and energy.

Founded in 1978, ATS employs over 7,000 people at more than 65 manufacturing facilities and over 85 offices in North America, Europe, Southeast Asia and Oceania. The Company’s common shares are traded on the Toronto Stock Exchange and the NYSE under the symbol ATS.

Learn more at www.atsautomation.com

About ATS Life Science Systems

ATS provides industry-leading automated manufacturing solutions to many of the world’s most successful life sciences companies, with more than 26,000 systems installed and in daily use worldwide. The corporation’s recently formed Life Sciences Group business unit draws on a long and successful ATS track record of providing automated manufacturing solutions for the assembly and handling of a broad range of medical and pharmaceutical products.

The ATS Life Sciences Systems product and service portfolio meets the specialized needs of key medical and clinical application areas, including Pharmaceutical Production (aseptic fill-finish, small batch production, vaccine packaging, etc.), Medical Devices, Medical Diagnostics (consumer and clinical diagnostic systems including laboratory equipment and point-of-care testing systems), and Pharmacy and Laboratory Automation: including automated store and retrieval (ASRS), facility and mail order fulfilment, materials handling, and load/unload systems.

The ATS Life Sciences Systems products catalog covers five main groups of automated manufacturing assembly and handling solutions: Assembly, Material Handling, Component transport with the SuperTrak™ CONVEYANCE range of smart, modular, high-speed linear movement technology (LMT) solutions, Vision & Testing, and Control Software.

Founded in 1978 by engineer Klaus Woerner as ATS Automation Tooling Systems as a special purpose machine and die shop in Kitchener, Ontario, ATS has grown to become a multinational company listed on both the TSX Toronto and NYSE New York Stock Exchanges.

Learn more at: https://www.atslifesciences.com

Resources
Click on ATS To Acquire Laboratory Solutions Provider Heidolph Group to see original announcement.