ProMach acquires Panther Industries
ProMach has acquired Panther Industries, an automated labeling equipment specialist, to further expand into key strategic areas including e-commerce, distribution, manufacturing, warehouse, fulfillment, third party logistics, and many other fast-moving industries.
Founded in 2000, Panther manufactures print and apply labeling systems as well as pre-printed label applicators developed for food, beverage, pharmaceutical, medical device, industrial, and consumer packaged goods. Panther’s portfolio ranges from economical entry level systems for low-volume operations to flexible and adaptive high-speed technologies.
‘I’m pleased to welcome the Panther team to ProMach,’ said Mark Anderson, president and CEO of ProMach. ‘With the addition of Panther, ProMach brings a very comprehensive print and apply capability to customers across North America. 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.’
‘We’re excited about what Panther brings to ProMach and the opportunity to support our customers with new, innovative labeling systems,’ added Alan Shipman, group president, labeling and coding business at ProMach. ‘Together, we will expand our technologies in key markets and develop new print-on-demand products to solve the unique challenges customers face as they scale up their labeling operations.’
Jim Thompson, Panther Industries founder and president, will continue leading Panther as vice president and general manager.
‘I feel Panther has joined the best team in the labeling industry. ProMach has an excellent reputation for investing in their brands and combining their unique strengths to better serve customers,’ said Thompson. ‘This is an outstanding opportunity for Panther customers to benefit from ProMach’s portfolio of solutions and for current ProMach customers to access more options to streamline their labeling operations. I’m very excited for both our customer’s and our employee’s participation in the next chapter of the Panther story.’
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