LAKE FOREST, ILL. — RIV Manufacturing Group has completed the acquisition of Yeaman Machine Technologies, a manufacturer of packaging systems for industries such as food, beverage, confectionery, hardware and lawn and garden. Financial terms of the transaction were not disclosed.
Based in Elk Grove Village, Ill., Yeaman Machine Technologies produces automated cartoners, pre-made pouch machines, case packers and other custom packaging solutions. Bill Yeaman, the company’s founder, will continue to manage the Yeaman product engineering and manufacturing processes.
“We are excited to begin a new journey with the Yeaman family and build on the company’s rich history in providing cartoning, case packing and pouch bag automation,” said Rick Hoskins, president of RIV, which also owns bakery equipment producer Colborne Foodbotics, L.L.C.
“The future of the Yeaman product line has never been brighter,” Mr. Yeaman said. “We are excited to leverage the market presence, engineering and manufacturing know-how of RIV, but also help its Foodbotics brand provide total packaging automation solutions to various target markets.”
Mr. Hoskins noted that the opportunity to merge Colborne Foodbotics capabilities with Yeaman’s will benefit RIV’s customers for years to come.
“Our ability to now offer complete end of line solutions for a wide variety of products is an important factor in our customers’ ability to own the fastest, most flexible and efficient automation solutions,” he said.