American corporation Middleby acquires Modena-based firm Ve.Ma.C.

The Middleby Corporation  (Illinois), a Wall Street-listed global leader in the foodservice equipment industry with annual revenues US $2.33 billion, has acquired Ve.Ma.C.

The Modena, Italy-based company Ve.Ma.C, is specialized in industrial automation for meat and cold cut processing (annual revenues approximately US $15 million).

The acquisition extends Middleby’s capabilities in the field of automation and robotics, allowing it to deliver more comprehensive end-to-end solutions. Ve.Ma.C. ’s founding partners will remain at the helm of the company with the primary aim of expanding its presence in export markets, which already account for 60% of revenues.