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Announced

Completed

Pacteon Group completed the acquisition of Descon Integrated Conveyor Solutions.

Synopsis

Pacteon Group, a provider of end of line packaging equipment solutions, completed the acquisition of Descon Integrated Conveyor Solutions, a provider of integrated conveyor systems for the food and beverage industry. Financial terms were not disclosed. "We are thrilled to welcome Descon into the Pacteon family. 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," Mike Odom, Pacteon Group CEO.

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