Bremerhaven. (bm) Sveba-Dahlen-owner Middleby 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 15 million USD in annual sales. 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. According to CEO Tim FitzGerald the investment highly complements Middleby’s existing automation investments, including Vemac in Italy. Other topics of the week:
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