Middleby Acquires Ve.Ma.C. Srl
Published on Mar. 26, 2018
Acquisitions
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Ve.Ma.C. The company is a leading designer and manufacturer of handling, automation and robotics solutions for protein food processing lines. The company is based in Castelnuovo Rangone, Italy and has approximately $15 million USD in annual revenues.
“This acquisition extends our capabilities related to automation and robotics, providing for further opportunities to integrate our existing food processing equipment offerings. We can now provide more comprehensive end to end solutions for our customers with reduced labor, increased capacity and greater operating efficiency,” said Selim Bassoul, CEO of The Middleby Corporation. “We are very excited about Ve.Ma.C. as a key addition to our portfolio as we continue to evolve our platform of fully automated solutions.”
More information on Ve.Ma.C is available at www.vemacautomazioni.it/en.
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