AGCO Corp. (AGCO) Acquires Faromatics

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AGCO Acquires Faromatics, a Precision Livestock Farming Company

September 13, 2021 8:30 AM EDT

Smart Solutions Drive Productivity for Customers Operations and Improve Animal Welfare

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that it has acquired Farm Robotics and Automation S.L. (Faromatics), a precision livestock farming company.

Faromatics is the creator of ChickenBoy, the world's first ceiling-suspended robot that monitors broiler chickens and helps farmers increase animal welfare and farm productivity. ChickenBoy uses a complete set of sensors to measure thermal sensation, air quality, light and sound.... More