Following a July announcement that ATC Corp., a provider of logistics and remanufacturing services for the high tech and automotive services, had entered into a definitive agreement to be acquired by third-party logistics (3PL) services provider GENCO for $512.6 million, the deal is now official. GENCO officials said that the new entity will be privately owned and rebranded under the name GENCO ATC, with ATC Logistics & Electronics and ATC Drivetrain becoming new divisions within GENCO ATC.
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