Total packaging industry deals for February 2020 worth $823.28m were announced globally, according to GlobalData’s deals database.
The value marked a decrease of 34.7% over the previous month and a drop of 61% when compared with the last 12-month average of $2.11bn.
In terms of number of deals, the sector saw a flat growth over the last 12-month average with 30 deals against the average of 30 deals.
In value terms, South and Central America led the activity with deals worth $522.41m.
Packaging industry deals in February 2020: Top deals
The top three packaging deals accounted for 97.48% of the overall value during February 2020.
The combined value of the top three packaging deals stood at $802.58m, against the overall value of $823.28m 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 $238m asset transaction with Empire Packing Company, L.P by JBS USA
- New Forests’ $42.17m private equity deal with Norske Skogindustrier
About GlobalData
4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.
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