Pacteon Group expands portfolio with acquisition of Descon Integrated Conveyor Solutions

Pacteon Group, a portfolio company of New York-based private equity firm GenNx360 Capital Partners, has announced the acquisition of Descon Integrated Conveyor Solutions, a leading provider of conveyor systems for the food and beverage industry. This acquisition marks Pacteon’s fourth major strategic expansion, significantly enhancing its capabilities in end-of-line packaging automation equipment.

Descon’s integration into Pacteon’s portfolio aligns perfectly with the latter’s mission to provide comprehensive solutions for the packaging industry. By leveraging Descon’s expertise in customized conveyor solutions, Pacteon aims to offer even more robust and integrated services to its customers, enhancing efficiency and productivity across the board.

Mike Odom, CEO of Pacteon, expressed enthusiasm about the acquisition: “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.”

Monty Yort, Managing Partner at GenNx360, also commented on the strategic move: “Pacteon’s strategic acquisition of Descon positions the Company to deliver unparalleled end-of-line packaging solutions, opening new opportunities for growth and expansion.”

Pacteon is dedicated to ensuring a smooth transition for the customers, employees, and partners of both organizations, aiming to maintain continuity and excellence in all service areas. The addition of Descon expands Pacteon’s ability to serve as a single source for designing, integrating, and servicing complete packaging solutions, further cementing its position as a leader in the industry.

This strategic acquisition by Pacteon under the guidance of GenNx360 is a calculated move to strengthen its market presence and enhance its product offerings. By consolidating its position in the packaging industry, Pacteon is set to not only sustain but also accelerate its growth, leveraging synergies between the combined technologies and expertise.