Middleby Acquires Proxaut, Innovator of Industry-Leading Automation Solutions

June 29, 2022 Middleby

The Middleby Corporation (NASDAQ: MIDD) today 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.