ATS Corporation today announced the successful completion of its acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries.
With headquarters in Montreal, Quebec, the group includes its companies WeighPack Systems, EndFlex, Valtara and Kang-Di. With manufacturing facilities in: Montreal, Quebec; Miami, Florida; Schio, Italy and Shanghai, China as well as an integration center and showroom in Las Vegas, NV, Paxiom will join ATS’ Products and Food Technology business.
Paxiom has been building automated packaging solutions for more than 30 years, providing a product line that includes precision weigh filling, bagging, wrapping, labelling, conveyors, case forming, robotic case packing and end of line palletizing equipment that will complement ATS’ businesses CFT, Raytec, Marco, IWK, and NCC and allows ATS to offer complete packaging and end-of-line solutions.
In its calendar year ended December 31, 2023, Paxiom generated revenues of approximately $67 million, with the majority of revenues being generated in North America. Paxiom employs approximately 200 people and has a strong customer portfolio representing companies in multiple sectors.