Packaging industry M&A deals in November 2019 total $715.4m globally

19 December 2019 (Last Updated September 7th, 2020 07:48)
Packaging industry M&A deals in November 2019 total $715.4m globally

Total packaging industry M&A deals in November 2019 worth $715.4m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 43.8% over the previous month and a drop of 42.8% when compared with the last 12-month average, which stood at $1.25bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $580m. At the country level, the US topped the list in terms of deal value at $400m.

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 November 2019 was the US with eight deals, followed by Australia with two and Germany with two.

In 2019, as of the end of November 2019, packaging M&A deals worth $13.81bn were announced globally, marking a decrease of 47.3% year on year.

Packaging industry M&A deals in November 2019: Top deals

The top five packaging industry M&A deals accounted for 99.2% of the overall value during November 2019.

The combined value of the top five packaging M&A deals stood at $709.29m, against the overall value of $715.4m recorded for the month.

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

1) Pixelle Specialty Solutions’ $400m asset transaction with Verso

2) The $180m asset transaction with Transcontinental by Hood Packaging

3) Ahlstrom-Munksjo’s $66.1m acquisition of Hebei Minglian New Materials Technology

4) The $48.3m acquisition of Visy Cartons by SIG Combibloc

5) Bokomo NamibiaLtd’s acquisition of Tongaat Hulett (Namibia) Limited for $14.9m.

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.