ATS Automation Tooling Systems buying U.S. company BioDot for $106 million
ATS says BioDot will continue to be led by its long tenured CEO, Tony Lemmo. The deal is expected to close in the second quarter of 2021, pending customary regulatory filings. ATS says it plans to fund the acquisition by drawing on its revolving credit facility. This report by The Canadian Press was first published April 14, 2021. Companies in this story: (TSX:ATA) © Copyright Battlefords News Optimist