End-of-line packaging equipment provider Pacteon Group has announced the acquisition of North America-based Descon Integrated Conveyor Solutions.
The financial details of the transaction have not been disclosed.
As per the terms of the deal, Descon will continue to operate as a subsidiary under Pacteon.
The acquired company will retain its brand, facilities, and leadership team.
This strategic integration will help Descon maintain its strengths while fostering collaborative growth opportunities.
Pacteon highlighted that it is dedicated to a smooth transition for the customers, employees, and partners of both entities.
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The latest acquisition further marks a key step in Pacteon’s expansion strategy, aiming to bolster its product handling capabilities.
It is also aligned with Pacteon’s objective to become a comprehensive source for packaging automation equipment.
The combined expertise and technologies of both companies are expected to provide increased value to their customer base and stakeholders.
Pacteon Group CEO Mike Odom said: “This acquisition represents an exciting opportunity for us to provide more complete solutions for our customers to automate the supply of life’s products.
“Together, we will continue to innovate, deliver exceptional solutions for our customers and differentiate ourselves in the packaging industry.”
Descon provides customised integrated conveyor solutions for the packaging industry, particularly catering to the food and beverage industry in North America.
Descon chair and co-founder Dave Farquhar said: “We are excited to join forces with Pacteon and leverage our combined strengths to unlock new opportunities and drive growth.
“Together, we will be able to deliver even greater value to our customers.”
