Which native exe packer would you recommend?
Comercial recomentations are welcome as well.

We're looking for a out of the box solution to protect/wrap native .exe/.dlls.
Requirements:
- out of the box solution
- no automatic unpacker available
- protection is more important to us than licencing options

All recomendations are welcome.

The thing about protectors is that they work best when implemented the right way, and that means integration into the source code (markers, SDK calls, etc.).
If you can't or don't want to do that you will have to sacrifice in protection strength.

Your best bet at the moment is probably Themida. It's being actively developed and updated from time to time. Protection strength is one of the best even for simple 'out-of-the-box' wrapping, it also has fairly good compatability from what I read.
There are no automatic unpackers you can just throw an exe at and use the output but there are many working scripts and tools that aid at unpacking it. Then again that's the case for about every protector that's been around for more than a few weeks.

I didn't recommend a packer because there are unpackers for pretty much every packer out there.