US-based packaging company Pantero has acquired packaging and equipment supplier Inspired Packaging Solutions for an undisclosed sum.
Inspired Packaging Solutions specialises in providing high-quality packaging, including automated carton packing and stretch wrap machines, conveyor systems and material handling equipment.
The company also offers custom fabrication and warehouse layout design services.
Pantero’s acquisition of Inspired Packaging Solutions will allow the family-owned business to supply a wider range of packaging automation and material handling solutions to its warehouse and distribution customers.
Pantero operations director Andrew Reid said: “Inspired Packaging Solutions has a wealth of experience in packaging and material handling automation and equipment, bringing Pantero a whole new set of capabilities that we can now offer to our customers.
“At the same time, we can offer their clients a larger range of packaging materials and supplies. We are excited to bring our teams together to better serve our customers.”
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By GlobalDataFollowing the acquisition, Inspired Packaging Solutions founder Joe Santana will remain with the combined company as acting manager of Pantero’s packaging and material handling equipment division.
Mr Santana said: “I believe that together [with Pantero], the products and services we offer can bring great value to our mutual customers.
“The Inspired team looks forward to continuing to meet or exceed our customers’ expectations as part of the Pantero family.”
Pantero sales director Martin Reid said: “Bringing our companies together allows us to bring more value to both of our customer bases.
“With the experience that Joe [Santana] and his team bring, we can truly offer comprehensive solutions for facility design, automation, equipment set up, service and consumable supplies.
“Working together, we can help our customers make their operations more efficient, cost-effective and future-ready.”
Both Pantero and Inspired Packaging Solutions are based in Detroit and serve the warehouse, logistics, packaging and distribution industries.