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Top Articles of 2024, #2: ATS Corporation to Acquire Paxiom Group

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ATS Corporation acquired Paxiom Group, a supplier of packaging machines for various industries. The financial terms of the transaction have not been disclosed.

Paxiom, headquartered in Montreal, Canada, offers a broad product line that includes weighing, filling, wrapping, bagging, labeling, and palletizing equipment. The group’s portfolio of companies includes WeighPack Systems, EndFlex, Valtara, and Kang-Di. It operates manufacturing facilities in Montreal, Miami, Schio in Italy, and Shanghai, China, and runs an integration center in Las Vegas.