Total packaging industry deals for August 2019 worth $786.04m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 33% over the previous month and a drop of 77.7% when compared with the last 12-month average of $3.53bn.

In terms of number of deals, the sector saw a drop of 25% over the last 12-month average with 21 deals against the average of 28 deals.

In value terms, South and Central America led the activity with deals worth $288.6m.

Packaging industry deals in August 2019: Top deals

The top five packaging deals accounted for 99.6% of the overall value during August 2019.

The combined value of the top five packaging deals stood at $782.49m, against the overall value of $786.04m recorded for the month.

The top five packaging industry deals of August 2019 tracked by GlobalData were:

1) Softys Brasil’s $288.6m acquisition of Sepac Serrados e Pasta de Celulose

2) The $175m asset transaction with Rayonier Advanced Materials by Sappi

3) Xtech Invest’s $173.54m private equity deal with Sintex NP

4) The $141.52m acquisition of Visy Packaging (Thailand) by SCG Packaging Public

5) Mitsui’s acquisition of Minima Technology for $3.82m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.