Packaging industry deals in August 2019 total $786.04m globally

Total packaging industry deals for August 2019 worth $786.04m were announced globally, according to GlobalData’s deals database

The value marked a decrease of 33% over the previous month and a drop of 77.7% when compared with the last 12-month average of $3.53bn.

In terms of number of deals, the sector saw a drop of 25% over the last 12-month average with 21 deals against the average of 28 deals.

In value terms, South and Central America led the activity with deals worth $288.6m.

Packaging industry deals in August 2019: top deals

The top five packaging deals accounted for 99.6% of the overall value during August 2019.

The combined value of the top five packaging deals stood at $782.49m, against the overall value of $786.04m recorded for the month.

The top five packaging industry deals of August 2019 tracked by GlobalData were:

  1. Softys Brasil’s $288.6m acquisition of Sepac Serrados e Pasta de Celulose.
  2. The $175m asset transaction with Rayonier Advanced Materials by Sappi.
  3. Xtech Invest’s $173.54m private equity deal with Sintex NP.
  4. The $141.52m acquisition of Visy Packaging (Thailand) by SCG Packaging Public.
  5. Mitsui’s acquisition of Minima Technology for $3.82m.

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