Drop in packaging M&A deals YoY by 74.1%

29 July 2020 – Total packaging industry M&A deals in Q2 2020 were worth US$ 195.86 million announced globally, according to GlobalData’s deals database. The value marked a decrease of 92.1% over the previous quarter and a drop of 93.2% when compared with the last four-quarter average, which stood at US$ 2.89 billion. Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth US$ 103.25 million. At the country level, Sweden topped the list in terms of deal value at US$ 71.28m. In terms of volumes, North America emerged as the top region for packaging industry M&A deals globally, followed by Asia-Pacific and then Europe. The top country in terms of M&A deals activity in Q2 2020 was the US with 12 deals, followed by China with six and Sweden with three. In 2020, as of the end of Q2 2020, packaging M&A deals worth US$ 2.66bn were announced globally, marking a decrease of 74.1% year on year. Top packaging industry M&A deals…

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