Plastics and packaging M&A on the rise in 2011


Packaging M&A deals totaled 200 in the first half of 2011, up slightly from the 193 of a year ago, and on pace to eclipse 400 and make 2011 the highest year for total deal volume in plastics and packaging M&A. Investing banking firm, P&M Corporate Finance LLC, had those finding and more in its quarter plastics and pakcaing M&A report.

Finacial buyers led the way in the first half of the year, accounting for 82 deals, which is up 32% from a year ago, with P&M noting that these investors "aggressively pursued opportunities to invest record levels of undeployed capital." Financial buyers increased the number of new platform investments by 14% over the same time period in 2010, and addon acquisitions to existing financial investor platforms were up significantly, jumping by 58% (15 deals).

Injection molding, film, and specialty deals were the most prevalent, with all but two sectors of plastic processing showing heightened levels of M&A activity. Packaging deals remained an area of high focus for buyers, with deal levels keeping pace in the first half of 2011 with the record volume seen over the first six months of 2010....
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