ATS Corporation Acquires Avidity Science

September 22, 2023

ATS Corporation has entered into a definitive agreement to acquire Avidity Science, a designer and manufacturer of automated water purification and delivery systems for biomedical and life science applications, for US$195 million. The acquisition strengthens ATS's life sciences capabilities and is expected to close in Q4 2023 subject to customary regulatory filings.

Buyers
ATS Corporation
Targets
Avidity Science, LLC
Industry
Medical Devices
Location
Wisconsin, United States
Transaction Type
Buyout

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