The Middleby Corporation Acquires Proxaut
June 29, 2022
The Middleby Corporation has acquired Proxaut, an Italy-based designer and manufacturer of automated guided vehicles (AGVs) serving food and industrial processors. Proxaut—based near Bologna with roughly $15 million in annual sales—will complement Middleby's existing automation portfolio and expand its end-to-end automation solutions for food processing customers.
- Buyers
- The Middleby Corporation
- Targets
- Proxaut
- Industry
- Manufacturing
- Location
- Emilia-Romagna, Italy
- Transaction Type
- Buyout
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