Total packaging industry cross border M&A deals worth $1.6bn were announced in Europe in Q3 2022, led by Stora Enso’s $1.01bn acquisition of De Jong Packaging, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 302.2% over the previous quarter and a rise of 315.1% when compared with the last four-quarter average of $380.66m.

Europe held a 37.80% share of the global packaging industry cross border M&A deal value that totalled $4.18bn in Q3 2022. With a 26.08% share and deals worth $1.09bn, The Netherlands was the top country in Europe’s cross border M&A deal value across packaging industry.

In terms of deal activity, Europe recorded 23 cross border deals during Q3 2022, marking an increase of 9.52% over the previous quarter and a rise of 37.31% over the last four-quarter average. Italy recorded five deals during the quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Europe packaging industry cross border M&A deals in Q3 2022: Top deals

The top five packaging industry cross border M&A deals accounted for 97.4% of the overall value during Q3 2022.

The combined value of the top five cross border M&A deals stood at $1.54bn, against the overall value of $1.6bn recorded for the quarter.

The top five packaging industry cross border deals of Q3 2022 tracked by GlobalData were:

1) Stora Enso’s $1.01bn acquisition deal with De Jong Packaging

2) The $212.53m asset transaction of Stora Enso by Schwarz Produktion Stiftung & Co.

3) Sylvamo’s $149.81m asset transaction deal with Stora Enso

4) The $87.3m acquisition of Skjern Paper by Sonoco Products

5) SCG Packaging’s $78.87m acquisition deal with Peute Recycling