Packaging industry M&A deals in Q3 2020 total $4.64bn globally

2 November 2020 (Last Updated November 2nd, 2020 17:58)

Packaging industry M&A deals in Q3 2020 total $4.64bn globally

Total packaging industry M&A deals in Q3 2020 worth $4.64bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 2589.01% over the previous quarter and a rise of 110.4% when compared with the last four-quarter average, which stood at $2.21bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $2.11bn. At the country level, The Netherlands topped the list in terms of deal value at $1.87bn.

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

The top country in terms of M&A deals activity in Q3 2020 was the US with 16 deals, followed by Germany with four and China with three.

In 2020, as of the end of Q3 2020, packaging M&A deals worth $7.3bn were announced globally, marking a decrease of 38.7% year on year.

Packaging industry M&A deals in Q3 2020: Top deals

The top five packaging industry M&A deals accounted for 88.9% of the overall value during Q3 2020.

The combined value of the top five packaging M&A deals stood at $4.12bn, against the overall value of $4.64bn 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 $626.19m asset transaction with Owens‑Illinois by Visy Industries Holdings

5) Benpac’s acquisition of Gallus for $137.7m.

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.