ProMach acquires Panther Industries
The deal expands ProMach’s portfolio of industrial label applicator solutions.
ProMach, Cincinnati, a provider of packaging machinery solutions, said it acquired Panther Industries, a provider of automated labeling equipment for Fortune 1000, as well as small- and medium-sized, businesses across North America. The addition of Panther expands ProMach’s labeling capabilities further into key strategic areas that include ecommerce, distribution, manufacturing, warehouse, fulfillment, third-party logistics and many other fast-moving industries.
Founded in 2000, Highlands Ranch, Colo.-based Panther manufactures both print-and-apply labeling systems and pre-printed label applicator systems. Panther’s technology helps companies increase throughput and reduce expenses for products ranging from cases to cartons and bottles to bags, with intelligent and integrated labeling automation solutions. Panther’s solutions range from economical entry-level systems for low-volume operations to high-speed systems that are flexible, adaptive and durable for manufacturing, distribution and fulfillment processes to realize bottom-line benefits, ProMach said.
“With the addition of Panther, ProMach brings a very comprehensive print-and-apply capability to customers across North America,” said Mark Anderson, president and CEO of ProMach. “This includes a broad range of labeling systems optimized for specific market applications, along with a network of regional label converting locations, to bring customers local support on a large scale. The result is a single-source partner for nearly any customer to mark, identify and track both primary and secondary packaging operations on their production lines backed by dedicated sales and service technicians to keep their labeling operations running at peak efficiency.”
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