Packsize has acquired Panotec | Machinery & Automations for packaging on demand for an undisclosed amount. Panotec, established in 1986, is recognized as a pioneer in the design and manufacture of machines for producing custom cardboard boxes on demand. The company's innovative systems enable businesses to create packaging of the precise size, at the point of use, and exactly when needed. With a presence in 55 countries, Panotec serves over 1500 clients globally, operating more than 2000 machines. This strategic acquisition significantly enhances Packsize's footprint and capabilities within the on-demand packaging sector.
The acquisition is driven by the strong strategic alignment between the two companies' offerings. Panotec's mechanical excellence and comprehensive range of packaging machines, automation systems, and software solutions are designed to meet diverse industry requirements. Its systems deliver substantial advantages to customers, including improved production efficiency, significant cost reduction through the elimination of box warehouses, enhanced product protection, and optimized resource utilization. These benefits contribute to a competitive market advantage and align with growing demands for sustainable and efficient packaging practices.
By integrating Panotec's proven proficiency and innovation in packaging on demand, Packsize aims to expand its portfolio and deliver more comprehensive, all-round solutions to a broader customer base. The combination of Panotec's pioneering technology and its legacy of "Made in Italy" engineering quality is expected to foster new advancements in the field. The unified entity is poised to drive further innovation in flexible packaging solutions, enabling businesses worldwide to optimize their packaging operations, reduce environmental impact, and enhance overall customer experience.