- ATS Automation Tooling Systems ( OTCPK:ATSAF ) said Monday it will acquire ZI-ARGUS , a subsidiary of Zuellig based in Bangkok, Thailand.
- Financial terms were not disclosed.
- ZIA is an independent automation systems integrator in the ASEAN region and Australia, focusing on process control, factory floor automation, data center and Industry 4.0 digitization solutions.
- ZIA will join ATSAF's process automation solutions business, which provides complete automation solutions for the process and manufacturing industries.
- ZIA will strengthen ATSAF's position in high-growth automation and digitalization markets in the region, while also accelerating its digitalization journey.
For further details see:
ATS Automation Tooling Systems to acquire system integrator ZI-ARGUS