Announced
Completed
Synopsis
Middleby, a commercial and residential cooking and industrial process equipment company, completed the acquisition of Vemac, a designer and manufacturer of handling, automation and robotics solutions for cooked or cured meat processing industry. Financial terms were not disclosed. “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. 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,” Selim Bassoul, The Middleby Corporation CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.