DF will join ATS’ Comecer business, a leading manufacturer of aseptic production and packaging equipment for the radiopharmaceutical and pharmaceutical markets
ATS Acquires Specialized Manufacturer DF S.R.L. (Credit: Nappiness from Pixabay)
ATS Automation Tooling Systems Inc. (TSX: ATA) (“ATS” or the “Company”), an industry-leading automation solutions provider, today announced it has entered into a definitive agreement to acquire DF S.r.l, a specialized manufacturer of pharmaceutical processing and packaging equipment and systems. The transaction is expected to close in the fourth calendar quarter of 2021, pending the completion of customary regulatory filings. The financial terms of the transaction were not disclosed.
DF will join ATS’ Comecer business, a leading manufacturer of aseptic production and packaging equipment for the radiopharmaceutical and pharmaceutical markets.
“The addition of DF provides Comecer with a complementary portfolio of products allowing us to enhance our value proposition to customers, particularly in the aseptic fill-finish manufacturing area” said Simone Volpi, President of Comecer. “We also see opportunities for joint product development and cross-selling across the Comecer and DF portfolios which will help drive future growth for our businesses”.
DF is a supplier of specialized production equipment and systems primarily catering to the pharmaceutical market, with a growing presence in other markets including food. The company’s offerings include washing, sterilizing, and packaging and control solutions that meet stringent industry requirements. DF employs 26 employees at its two Italian locations.
DF was founded in 1987 by Massimo Boldrini. The company is based in Siena, Tuscany, Italy, and provides specialized equipment and systems serving customers in the pharmaceutical and food markets.
DF operates through 3 business entities and employs 26 employees at its two locations in Italy.
ATS 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 services, 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, food & beverage, transportation, consumer products, and energy.
Source: Company Press Release