ATS Launches Voluntary Tender Offer For Global Food & Beverage Equipment Supplier CFT S.p.A.
ATS Automation Tooling Systems Inc. recently announced its intention to acquire, by way of a voluntary public tender offer, CFT S.p.A. (BIT:CFT) (“CFT”), an established global supplier to the food and beverage equipment market. The tender offer of €4.60 per share represents a total equity value of €88 million and a total enterprise value of €166 million (~C$260 million).

