Packaging industry deals in Q3 2019 total $2.33bn globally

26 November 2019 (Last Updated September 7th, 2020 07:48)
Packaging industry deals in Q3 2019 total $2.33bn globally

Total packaging industry deals for Q3 2019 worth $2.33bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 51.7% over the previous quarter and a drop of 78.7% when compared with the last four-quarter average of $10.99bn.

In terms of number of deals, the sector saw a rise of 9.2% over the last four-quarter average with 95 deals against the average of 87 deals.

In value terms, Asia-Pacific led the activity with deals worth $735.12m.

Packaging industry deals in Q3 2019: Top deals

The top five packaging deals accounted for 59.4% of the overall value during Q3 2019.

The combined value of the top five packaging deals stood at $1.38bn, against the overall value of $2.33bn recorded for the month.

The top five packaging industry deals of Q3 2019 tracked by GlobalData were:

1) Lindsay Goldberg’s $328.57m private equity deal with Bilcare Research

2) The $313.56m private equity deal with Clariant by Arsenal Capital Partners

3) Yunnan Energy New Material’s $282.21m acquisition of Suzhou Greenpower New Energy Materials

4) The $251.16m acquisition of Nadir Figueiredo Industria e Comercio by Flamengo Participacoes

5) Cascades’ asset transaction with Orchids Paper Products for $207m.

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.