The Middleby Corporation has announced it is acquiring US-based Packaging Progressions (Pacproinc) for an undisclosed sum.
Foodservice equipment manufacturer Middleby describes Pacproinc as “a market leader” in automated packaging technologies for customers in the protein and bakery segments. It also drew attention to the firm’s interleaving, underleaving, stacking, and card dispensing systems.
Based in Souderton, Pennsylvania, Pacproinc has $30 million in annual revenues.
“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,” said Tim FitzGerald, Middleby CEO.
“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.”
Last year, Middleby acquired the Taylor Company from UTC Climate, Controls & Security for $1 billion.
© FoodBev Media Ltd 2019
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