Business

Middleby acquires Italian manufacturer

Posted March 27, 2018 1:00 am

Business Wire

ELGIN - The Middleby Corp. said it has acquired Ve. Ma. C., a designer and manufacturer of handling, automation and robotics solutions for protein food processing lines, for an undisclosed sum.

The Castelnuovo Rangone, Italy-based company 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."

Middleby develops, manufactures, markets and services a broad line of equipment used in the commercial food service, food processing, and residential kitchen equipment industries. The company in recent years has acquired a number of specialty companies that complement its business, including the upscale residential oven brand Viking in 2013

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