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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