RiV Manufacturing Group has completed its acquisition of Colborne Foodbotics, Lake Forest, Ill. Financial terms of the transaction were not disclosed.
“This acquisition allows us to build on over a century of design and manufacturing experience in the baking and food-related Industries,” said Rick Hoskins, chairman and chief executive officer of RiV Manufacturing Group.
Colborne Foodbotics designs and manufactures automation systems for the baking and food-related industries. The company focuses on the automation of pie- and cake-based products and providing food-focused robotic automation solutions.
Mr. Hoskins will serve as president and c.e.o. of Colborne Foodbotics, and the company will continue to operate in Lake Forest.