Global packaging deals total $781 million in February 2020

Total packaging industry M&A deals in February 2020 worth $781.11 million were announced globally, according to GlobalData’s deals database.

The value marked a decrease of 38.1% over the previous month and a drop of 43.3 per cent when compared with the last 12-month average, which stood at $1.38bn.

Comparing deals value in different regions of the globe, South and Central America held the top position, with total announced deals in the period worth $522.41 million. At the country level, Brazil topped the list in terms of deal value at $522.41 million.

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

The top country in terms of M&A deals activity in February 2020 was the US with 11 deals, followed by the UK with three and France with three.

In 2020, as of the end of February 2020, packaging M&A deals worth $2.04bn were announced globally, marking an increase of 796.8 per cent year on year.

Packaging industry M&A deals in February 2020: Top deals
The top three packaging industry M&A deals accounted for 100  per cent of the overall value during February 2020.

The combined value of the top three packaging M&A deals stood at $781.11 million, against the overall value of $781.11 million recorded for the month.

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

  • H&PC Brazil Participacoes’ $522.41m acquisition of Santher Fabrica de Papel Santa Therezinha
  • The $238 million asset transaction with Empire Packing Company, L.P by JBS USA
  • Supremex’s $20.7 million acquisition of Royal Envelope