About Descon Conveyor Systems
Descon Conveyor Systems is a company based in Newmarket (Canada) founded in 1993 by Geoffrey Oliff and David Farquhar was acquired by Pacteon Group in June 2024. It operates as a Professional Services, and Reseller / Distribution. Descon Conveyor Systems offers products and services including Conveying Equipment, Controls and Automation, and Spare Parts.
- Headquarter Newmarket, Canada
- Founders Geoffrey Oliff, David Farquhar
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Descon Integrated Conveyor Solutions
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Pacteon Group
(Jun 22, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Descon Conveyor Systems
Descon Conveyor Systems offers a comprehensive portfolio of products and services, including Conveying Equipment, Controls and Automation, and Spare Parts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Equipment for transporting materials in packaging lines used.
Automation systems for managing conveyor operations are provided.
Replacement parts for conveyor systems are made available.
Unlock access to complete
Funding Insights of Descon Conveyor Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Descon Conveyor Systems
Descon Conveyor Systems has secured backing from 1 investor. Prominent investors backing the company include Pacteon Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Pacteon Group designs, integrates, and services packaging equipment for multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Descon Conveyor Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Descon Conveyor Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Descon Conveyor Systems Comparisons
Competitors of Descon Conveyor Systems
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Descon Conveyor Systems
Frequently Asked Questions about Descon Conveyor Systems
When was Descon Conveyor Systems founded?
Descon Conveyor Systems was founded in 1993.
Where is Descon Conveyor Systems located?
Descon Conveyor Systems is headquartered in Newmarket, Canada. It is registered at Newmarket, Ontario, Canada.
Who is the current CEO of Descon Conveyor Systems?
Steve Nixon is the current CEO of Descon Conveyor Systems.
What does Descon Conveyor Systems do?
Conveyor systems and packaging solutions are offered by Descon for the food and beverage industries. Services include line audits, layout design, engineering, project management, and installation. Focus is placed on innovative, reliable, and cost-effective solutions tailored to sectors like soft drinks, bottled water, dairy, beer, wine, and spirits. A turnkey approach is adopted to support clients throughout the project lifecycle in North America.
What products or services does Descon Conveyor Systems offer?
Descon Conveyor Systems offers Conveying Equipment, Controls and Automation, and Spare Parts.
Who are Descon Conveyor Systems's investors?
Descon Conveyor Systems has 1 investor. Key investors include Pacteon Group.