Middleby acquisition of Pacproinc : Foodservice equipment manufacturer Middleby has acquired Pennsylvania-based automated packaging solutions provider Packaging Progressions (Pacproinc) for an undisclosed price, as per the latest packaging industry news and packaging acquisition news.
Headquartered in Souderton, Pacproinc has annual revenues of $30 million.
Pacproinc provides automated packaging technologies for clients in the protein and bakery segments.
In particular, the interleaving, stacking, underleaving, and card dispensing systems of the automated packaging solutions provider enable customers to automate their production, boost throughput and efficiency. The automated packaging solutions from Pacproinc are also said to help customers cut down downtime and production costs, improve product quality and presentation while enhancing food and employee safety.
Commenting on Middleby acquisition of Pacproinc, Tim FitzGerald – Middleby CEO said: “Pacproinc has been very successful in the development of highly-engineered, proprietary equipment that automates bacon, deli meat, fresh beef patty, protein alternative patty and pizza crust food processing lines. They have built a reputation as an innovative leader.
“The Pacproinc solutions are highly complementary to our existing processing technologies and will enable Middleby to supply a more complete system to customers and further extend our offerings in new and fast growing categories.”
Middleby is engaged in developing and manufacturing a range of equipment used in the commercial foodservice, residential kitchen equipment, and food processing industries.
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