10/29/2001 – LONDON & OSHAWA, Ontario

TDS automotive and Mackie Automotive Systems are well on their way to becoming one company  –  TDS automotive.

The TDS acquisition of Mackie Automotive Systems (MAS) is very much on-track and moving forward.

Progress toward a successful transaction remains the number one priority for both companies who are now in the final stages of their integration plan. They remain confident that the transaction will be completed by the end of the year.

TDS and MAS have identified numerous issues that are fundamental to achieving the goal of ONE new and improved company 'TDS automotive', and are more convinced than ever that the combined entity will lead to enhanced scope and greater levels of service to their customers.

TDS automotive, with head offices in London, Ontario, is a global best-in-class provider of high complexity automotive logistics solutions – both inbound and outbound from customer facilities. Upon completion of this merger TDS automotive will operate more than 30 facilities providing logistics services in Europe, North America, South America and Asia.