As the conveyor system market grows, vendors are consolidating. Pacteon Group recently announced that it has acquired Descon Integrated Conveyor Solutions.
“This strategic move marks a significant milestone in Pacteon’s growth strategy and reaffirms its commitment to product-handling expertise,” said the Brewerton, N.Y.-based company. It did not disclose the financial terms of the deal.
“We are thrilled to welcome Descon into the Pacteon family,” stated Mike Odom, CEO of Pacteon Group. “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.”
Pacteon expands with market demand
The global market for conveyor systems was worth $6.4 billion in 2023, according to Future Market Insights. The research firm said it expects a compound annual growth rate (CAGR) of 5.45%, with the market reaching $10.9 billion by 2033.
Pacteon Group develops end-of-line packaging equipment. It provides design, manufacturing, and after-market support of integrated, automated packaging systems. It said its companies, including Schneider Packaging Equipment, ESS Technologies Inc., Phoenix Wrappers, and Descon, have installed more than 10,600 machines.
The Pacteon portfolio includes cartoners, case packers, conveyors, palletizers, pick-and-place robots, and pallet stretch wrapper.
As part of the acquisition, Descon will maintain its brand identity, facilities, and leadership team. Pacteon said this approach will allow it to preserve Descon’s unique strengths and capabilities while capitalizing on collaboration opportunities.
Descon provides a suite of packaging systems across a range of applications. | Source: Descon
Descon brings conveyor, food expertise
Newmarket, Ontario-based Descon Integrated Conveyor Solutions provides integrated conveyor systems for the food and beverage industry. The company said it offers a range of products and services to meet a variety of industry needs.
“We are excited to join forces with Pacteon and leverage our combined strengths to unlock new opportunities and drive growth,” said Dave Farquhar, chairman and co-founder of Descon. “Together, we will be able to deliver even greater value to our customers.”
Pacteon said its acquisition of Descon aligns with its vision to be a single source for end-of-line packaging automation and strengthens its portfolio of offerings. By capitalizing upon the expertise, technologies, and resources of both organizations, Pacteon claimed it will deliver even greater value to its customers and partners.
The company noted that it “is committed to ensuring a seamless transition for customers, employees, and partners of both organizations.”
