Packaging industry deals in Q3 2020 total $5.64bn globally

16 November 2020 (Last Updated November 16th, 2020 17:59)

Packaging industry deals in Q3 2020 total $5.64bn globally

Total packaging industry deals for Q3 2020 worth $5.64bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 1073.2% over the previous quarter and a rise of 124.6% when compared with the last four-quarter average of $2.51bn.

In terms of number of deals, the sector saw a drop of 8% over the last four-quarter average with 81 deals against the average of 88 deals.

In value terms, Europe led the activity with deals worth $2.13bn.

Packaging industry deals in Q3 2020: Top deals

The top five packaging deals accounted for 83.6% of the overall value during Q3 2020.

The combined value of the top five packaging deals stood at $4.72bn, against the overall value of $5.64bn recorded for the month.

The top five packaging industry deals of Q3 2020 tracked by GlobalData were:

1) Covestro’s $1.87bn asset transaction with Royal DSM

2) The $753.06m acquisition of Teckwah Industrial by Clementine Investments

3) Intelligent PackagingPurchaser Inc’s $733.58m acquisition of IPL Plastics

4) The $733.58m private equity deal with IPL Plastics by Madison Dearborn Partners

5) Visy Industries Holdings’ asset transaction with Owensa Illinois for $626.19m.

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.