In the Canadian packaging industry, there were 4 M&A deals announced in Q3 2023, worth a total value of $120m, according to GlobalData’s Deals Database. The $120m acquisition of West Fraser Timber by Atlas Holdings Group was the industry’s largest disclosed deal. GlobalData’s Packaging Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 uncovers the dominant drivers behind the M&A landscape in the Packaging sector, delivering crucial insights into industry dynamics and shifts. Buy the report here.

In value terms, M&A activity in Canada increased by 2567% in Q3 2023 compared with the previous quarter’s total of $4.5m. Related deal volume increased by 33% in Q3 2023 versus the previous quarter and was 100% higher than in Q3 2022.

The top-ranked legal advisorss supporting these M&A deals in Canada Q3 2023 were Cassels Brock & Blackwell; Cleary Gottlieb Steen & Hamilton; Davies Ward Phillips & Vineberg with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Packaging Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.