In the Canadian paper & packaging industry, there were 2 M&A deals announced in Q3 2023, worth a total value of $5m, according to GlobalData’s Deals Database. The $5m acquisition of West Fraser Timber by Mondi 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 decreased by % in Q3 2023 compared with the previous quarter’s total of 0 and fell by 100% as compared to Q3 2022. Related deal volume remained flat in Q3 2023 versus the previous quarter and was 50% lower than in Q3 2022.

The top-ranked legal advisorss supporting these M&A deals in Canada Q3 2023 were Galiano Gold; McCarthy Tetrault; Osler, Hoskin & Harcourt 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.

This content was updated on 20 October 2023

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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.