A leading supplier of robotic and automation systems.
Investment : Undisclosed
Sector : Technology
Location : Leicester, East Midlands
Transaction : Tooling Loan
Based in Leicester, ATM Automation has over 40 years’ experience in the manufacture of robotics and production automation systems. It is an internationally trusted supplier to many sectors including automotive, healthcare, packaging and construction.
In 2019, ATM secured a six-figure investment from the National Tooling Loan Fund. It supported an 18-month project to create and supply manufacturers by providing tooling needed to ultimately produce JLR’s new L460 Range Rover Vogue and X391 Jaguar XJ all electric cars.
As a result of the completion of the project, it was repaid in 2021.
Sabir Hirji, Director of ATM Automation, commented:
“The investment from the National Tooling Loan Fund has enabled us to continue to support UK supply chains, even within these turbulent times, and contribute towards cutting edge technologies that will go on to develop the next generation of electric cars.
“We are delighted to have been able to work with FDC and felt supported every step of the way.”