US packaging industry sees a rise of 55.6% in deal activity in Q4 2020

20 January 2021 (Last Updated January 21st, 2021 07:35)

US packaging industry sees a rise of 55.6% in deal activity in Q4 2020

The US packaging industry saw a rise of 55.6% in overall deal activity during Q4 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 42 deals worth $1.45bn were announced in Q4 2020, compared to the last four-quarter average of 27 deals.

M&A was the leading category in the quarter with 29 deals which accounted for 69.05% of all deals.

In second place was private equity with 12 deals, followed by venture financing with one transactions, respectively accounting for 28.6% and 2.4% of overall deal activity in the country’s packaging industry during the quarter.

In terms of value of deals, M&A was the leading deal category in the US packaging industry with total deals worth $1.43bn, while private equity and venture financing deals totalled $12.6m and $7m, respectively.

The US packaging industry deals in Q4 2020: Top deals

The top three packaging deals accounted for 99.3% of the overall value during Q4 2020.

The combined value of the top five packaging deals stood at $1.44bn, against the overall value of $1.45bn recorded for the month.

The top three packaging industry deals of Q4 2020 tracked by GlobalData were:

1) Roth CH Acquisition $1.2bn acquisition of PureCycle Technologies

2) The $232m acquisition of PalletOne by UFP Industries

3) DAIWA Myanmar Growth Fund L.P and Myanmar Opportunities Fund II’s $12.6m private equity deal with Commercial Plastics

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.