Plastics industry M&A gathers steam in ‘11

06/28/2011

The outlook for mergers and acquisitions in the plastics industry remains strong throughout the remainder of 2011. Prices being paid for mid-sized plastics processors and other companies in the industry have increased, and with them the number of processor owners willing to consider a sale also has climbed higher.

That prediction is according to Polymer TransAction Advisors Inc. (PTA), of Newbury, Ohio, a company devoted to helping move forward M&A agreements plastics industry. Though macro-market conditions remain volatile, with energy and other costs still a wild card in the mix, PTA president Bill Ridenour noted that in North America, plastics-based transactions increased by 20% from 2009 to 2010, "and we see the momentum continuing with 71 likely or already announced plastics related M&A transaction by June 30, 2011 - an increase of roughly 89% over 2010," he said....
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