Monteco Ltd. acquires D.S. Handling Systems Ltd.
Orangeville, case and pallet conveyor system company acquired by Monteco.
September 29, 2015
by Canadian Packaging staff
TORONTO—Monteco Ltd. has acquired a controlling interest in D.S. Handling Systems Limited based in Orangeville, Ont.
Founded in 1983, D.S. Handling is a leading middle market case and pallet conveyor handling systems company operating from an 80,000 square foot facility in Orangeville, providing design, engineering, manufacturing, and installation services on behalf of its customer base of Fortune 500 companies.
D.S. Handling’s products include package and pallet handling conveyors and sortation systems and equipment, truckloaders, extendable conveyors, vertical conveyor systems, belt conveyor systems, roller conveyor systems, and lift tables.
“This partnership will support D.S. Handling in its next phase of growth and allow the company to build upon its excellent reputation as being a leading materials handling supplier to some of North America’s premier courier, food and beverage, merchandising and distribution industries,” says D.S. Handling Systems president Steve Marr.
Monteco is a strategic capital firm focused on acquiring, building and growing early stage and emerging growth firms. Its operational infrastructure, which includes a 23,000-square-foot research and development facility, provides its portfolio of companies the foundation to convert value into sustainable growth.
Monteco provides direct operational services to each investment in areas of strategic development, human resource management, IT infrastructure, operational management, marketing, corporate finance, and finance and accounting. Our strategy is to target firms whose growth can be accelerated through the application of the financial, management and technical expertise at Monteco.
“D.S. Handling is an exciting opportunity for Monteco to grow a solid platform based on quality product, solid engineering services, a strong management team as well as a loyal customer base. Monteco feels that the material handling sector is poised for consistent growth due to positive market trends,” states Monteco president and chief executive officer Scott Monteith.