Packsize has agreed to purchase the packaging operations of Panotec, an Italy-based producer of right-sized packaging machines for both high and low-automation settings.
Financial terms of the deal remain undisclosed.
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The deal will add to Packsize’s range of machines and increase the scale of its installed customer base across more than 50 countries in North America, Europe and other regions.
The planned purchase follows Packsize’s acquisition of Dutch company Sparck Technologies in April 2025.
That earlier deal brought together Packsize’s technology and service operations with Sparck’s fit-to-size box systems as well as its box last and lid and tray products.
Packsize chief revenue officer Brian Reinhart said: “This acquisition further aligns our go-to-market approach and strengthens our ability to offer more flexibility and choice to businesses looking to optimise packaging operations while reducing waste and cost.
“Just as importantly, it brings together teams that share a similar innovative vision for the future of right-sized packaging, making us better positioned to accelerate growth and deliver even greater value globally.”
Completion of the transaction remains subject to standard closing requirements including regulatory clearances and the completion of consultation procedures with the unions concerned.
Panotec vice-president Carlo Capoia said: “We look forward to leveraging the combined strengths of our companies to provide an unparalleled product selection and service to the markets we serve.”
In March, the Veritiv Operating Company broadened its collaboration with Packsize.
The expanded partnership targets growth in automated corrugated packaging as companies and their clients look for ways to improve operational efficiency, reduce waste and manage costs.
