AGCO Buys Livestock Tech Company

AGCO has acquired Farm Robotics and Automation S.L., or Faromatics, a precision livestock farming company.

“This Faromatics acquisition supports our vision of being farmers’ most trusted partner for industry-leading, smart farming solutions across every area of our business,” said AGCO Chairman, President and CEO Eric Hansotia.

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. It also uses artificial intelligence to identify risks to health, welfare and farm equipment.

“We have now reached a moment where the combination of great technology with global market reach has the potential to make a lasting impact on animal welfare and farm productivity,” said Heiner Lehr, CEO of Faromatics. “We are very excited to be joining the AGCO team.”

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