TORONTO, Ont.–Scott Monteith, President and CEO of Monteco Ltd. announced that the company has acquired a controlling interest in D.S. Handling Systems Limited based in Orangeville, Ontario.
Founded in 1983, D.S. Handling is a middle market case and pallet conveyor handling systems company operating from an 80,000 square foot facility in Orangeville, Ontario. The company provides 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 & beverage, merchandising and distribution industries,” said Steve Marr, President D.S. Handling Systems Limited.
Monteco Ltd. is a strategic capital firm focused on acquiring, building and growing early stage and emerging growth firms. Its operational structure includes a 23,000 sq. ft. research and development facility. 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.
“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,” said Scott Monteith, President and CEO of Monteco Ltd.