RiV MANUFACTURING GROUP COMPLETES ACQUISITION OF COLBORNE FOODBOTICS, LLC

Lake Forest, Ill., Dec 3, 2015 – RiV Manufacturing Group (RiV) and Colborne Foodbotics, LLC (CF) today announced that RiV Manufacturing Group has completed the acquisition of Colborne Foodbotics, LLC.  “Through our previous successes, we are well positioned to serve our brands with solutions and services that help our customers achieve greater manufacturing efficiencies,” explains Rick Hoskins, Chairman and CEO of RiV Manufacturing Group. He adds, “This acquisition allows us to build on over a century of design and manufacturing experience in the Baking and Food related Industries. As a market share leader in Pie and Cake Make Up Equipment combined with our expertise in the application of Food Focused Robotic Automation, we look at this acquisition as an opportunity to accelerate our vision for organic growth through new innovative designs, and also look for new partnerships and acquisitions that will allows us to double down on the added value we already provide to our customers.”

Rick Hoskins will serve as President and CEO of Colborne Foodbotics, LLC and the company will continue operations in Lake Forest, IL, a suburb of Chicago, IL.

About Colborne Foodbotics, LLC
An industry leader in the design and manufacturing of automation systems for the Baking and Food Related Industry focusing on the automation of Pie and Cake based products and providing Food Focused Robotic Automation Solutions.