Packsize to buy Panotec packaging business
The deal will increase the scale of Packsize’s installed customer base across North America, Europe and other regions.
01 July 2026
01 July 2026
The deal will increase the scale of Packsize’s installed customer base across North America, Europe and other regions.
Morin will take over from Sara Engber, who was named president for North America in May 2026.
The materials are used in packaging for food, FMCG, pharmaceuticals and industrial products.
Tighter packaging rules and growing EPR schemes are driving interest in the financial benefits of mono-material packaging.
The result was affected by non-cash depreciation, amortisation and impairments of around €521.5m ($594.21m), along with restructuring costs.
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