Middleby Acquires Proxaut, Innovator of Industry-Leading Automation Solutions

The Middleby Corporation announced the acquisition of Proxaut, a leading manufacturer of Auto Guided Vehicles (AGVs) for the food industry and industrial processing companies. The company is based in Italy near Bologna with approximately $15 million USD in annual sales. "We are leading the trend for Industry 4.0 in food processing. Our recent strategic investments in automation are coming to fruition, as we see order demands for this technology" Proxaut AGV technology is used by industry leading manufacturers in a variety of capacities, primarily to move materials and products safely and operate alongside people. Proxaut automation decreases repetitive movements from traditional labor and ergonomically improves workflows.