Packsize has announced an agreement to acquire the packaging business of Panotec, an Italian manufacturer of automated right-sized packaging machines, in a move aimed at expanding its global machine portfolio and customer base.
The Salt Lake City-based company said on 30 June 2026 that the transaction would increase its combined installed customer base across more than 50 countries in North America, Europe and other markets. The acquisition remains subject to customary closing conditions, including regulatory approvals and completion of the required consultation process with relevant unions.
Panotec’s packaging business will add high- and low-automation right-sized packaging equipment to Packsize’s existing portfolio. The deal follows Packsize’s April 2025 acquisition of Sparck Technologies, which added fit-to-size box systems, box-last technology, and lid and tray solutions.
Brian Reinhart, Chief Revenue Officer at Packsize, said the acquisition would strengthen the company’s ability to offer businesses more flexibility and choice in optimising packaging operations while reducing waste and cost. He said the companies share a similar vision for the future of right-sized packaging and are better positioned to support global growth.
Kellen Frey, Chief Operating Officer at Packsize, said the transaction would strengthen Packsize’s core technology capabilities and support the delivery of more scalable and efficient right-sized packaging solutions. He said combining talent, technology and capacity would broaden the company’s global capabilities, with an emphasis on quality and service.
Carlo Capoia, Vice President of Panotec, said the companies would seek to leverage their combined strengths to provide a broader product selection and service to the markets they serve.
For packaging converters, e-commerce operators and distribution businesses, the transaction highlights continued investment in on-demand packaging systems designed to reduce material use and improve operational box efficiency.