Packaging industry M&A deals in December 2020 total $363.53m globally

18 January 2021 (Last Updated January 18th, 2021 15:01)

Packaging industry M&A deals in December 2020 total $363.53m globally

Total packaging industry M&A deals in December 2020 worth $363.53m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 80.05% over the previous month and a drop of 64.3% when compared with the last 12-month average, which stood at $1.02bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $244.87m. At the country level, the US topped the list in terms of deal value at $232m.

In terms of volumes, North America emerged as the top region for packaging industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in December 2020 was the US with 11 deals, followed by Germany with four and Canada with four.

In 2020, as of the end of December 2020, packaging M&A deals worth $10.66bn were announced globally, marking a decrease of 35.2% year on year.

Packaging industry M&A deals in December 2020: Top deals

The top five packaging industry M&A deals accounted for 95.8% of the overall value during December 2020.

The combined value of the top five packaging M&A deals stood at $348.07m, against the overall value of $363.53m recorded for the month.

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

1) UFP Industries’ $232m acquisition of PalletOne

2) The $89.32m acquisition of Bien Hoa Packaging by TCG Solutions

3) One51 ES Plastics (UK)’s $10.62m acquisition of Coral Products (Mouldings) and Interpack

4) The $8.26m acquisition of Chuzhou Chuangce Packaging Materials by Metro Master

5) Grupo CCRR’s acquisition of PIMACO Autoadesivos for $7.87m.

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.