The Middleby Corp. has acquired Proxaut, a manufacturer of automated guided vehicles for the food industry and industrial processing companies for an undisclosed sum, according to a press release.

Proxaut, based near Bologna, Italy, which reported approximately $15 million in annual sales, uses laser-guided, inertial-guided and/or wire-guided technologies for autonomous movement. The two vehicle types provide customized solutions for moving payloads from one point to another and decreases repetitive movements from traditional labor and ergonomically improves workflows.

"We are leading the trend for Industry 4.0 in food processing," Tim FitzGerald, Middleby CEO, said in the press release. "Our recent strategic investments in automation are coming to fruition, as we see order demands for this technology."

Copyright © 2022 Networld Media. All rights reserved., source Industry News