# Panther Packaging launches over EUR 60M investment programme in Germany

The Panther Packaging Group, based in Tornesch near Hamburg, launched an investment programme worth over 60 million euros covering new machinery, land purchases to double production and storage capacity, and energy-efficiency measures. Projects include new die-cutters, a new offset press and a 11,000 m² co-packing hall in Wustermark.

- Type: Investment
- Announced: 2019-09-09
- Where: Tornesch, Hamburg; Wustermark, Germany
- Value: $67.0M (60.0M EUR)
- Status: announced
- Products: corrugated board packaging, displays, rotary die-cutters
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Panther Packaging Group](https://endata.com/companies/5510.md) (investor)

## Sources

- [packaging-journal.de](https://packaging-journal.de/en/panther-packaging-invests/), 2019-09-09: "The Panther Packaging Group, founded in 1902, is launching a new investment programme with a volume of over 60 million euros."
- [packaging-journal.de](https://packaging-journal.de/panther-packaging-investiert/), 2019-09-09: "legt ein neues Investitionsprogramm mit einem Volumen von über 60 Millionen Euro auf."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
