A vending machine (10) including a cabinet (12) having therein a storage compartment (21) and product extraction means (20) including a base (29) operatively connected to the cabinet for pivoting about vertical axis (27), first link means (25a) horizontally pivoted to the base, second link means (25b) horizontally pivoted to the other end of the first link, actuators for respectively pivoting the base, first link and second link, and coupling means operatively connected (through guide head (33)) to the other end of the second link means (25b) for coupling with a selected product in the storage compartment (21) for delivery to a product station, the extraction means (20) being controlled by control means (15) after product selection by a customer.