ADS acquires Marquez Transtech Ltd.QUEBEC, Quebed--(BUSINESS WIRE)--Dec. 19, 1996--ADS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (ME:AAL (ATM Adaption Layer) The part of the ATM protocol that breaks up application packets into 48-byte payloads which become ATM cells when the 5-byte headers are attached. The AAL resides between the higher layer transport protocols and the ATM layer. .A.) ADS Inc (ADS) has announced that its Beauce Composites Inc. subsidiary has completed the acquisition of a 75 percent equity position in Marquez Transtech Ltd. (Marquez). The total maximum cost of the acquisition is $2.9 million, part of which is payable in cash and part in ADS stock. The agreement also makes provision for ADS to increase its equity position to 100 percent over the next few year. Marquez is a Montreal company specialized in the manufacture and distribution of thermoformed plastic parts, notably for the industrial, transportation, recreation vehicle and aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau markets. It has approximately forty employees. Marquez also manufactures digitally controlled equipment aid models. Its clients include companies such as Canadair, Air Canada, CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. , Prevost Car, Nova Bus and Bombardier. Claude Bordeleau, sole shareholder of Marquez prior to the transaction, will remain in place and continue providing the company with his expert advice and assistance. Marquez, which enjoyed sales of approximately $3.5 million during the last fiscal year, will help ADS consolidate its position in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. composite materials sector where it has been active since 1994. ADS is a holding company mainly involved in the manufacturing sector through subsidiaries in the field of technical textile and composite materials. Company shares are quoted on the Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg under symbol AAL.A. CONTACT: ADS Inc., Quebec Paul Drouin, P.Eng., 418/ 626-3383 |
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