Deals

Deal activity by volume related to cybersecurity decreased by 25% year-on-year in 2023 in the packaging industry

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A​​​​​​​nalysis of the key themes driving deal activity reveals that cybersecurity accounted for 28 packaging deals between 2019 and 2023, worth a total value of $2,693m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships.  

The $10m Acquisition of 14% in Kezzler by Tomra Systems was the largest disclosed deal in 2023.  

In volume terms, cybersecurity related deal activity decreased by 25% year-on-year in 2023 and increased by 33% year-on-year in 2022.  

Deal activity related to cybersecurity in the global packaging industry in the last five years

Top deals related to cybersecurity in the packaging industry in the last five years

Deal volume by deal type for cybersecurity related deals in the packaging industry in the last five years

Partnership accounted for the highest number of deals in the last five years, with 11 deals, followed by Private Equity and Acquisition with 6 deals each, Equity Offering (4 deals), and Asset Transaction (1 deal).

Top financial advisors for cybersecurity related deals by value in the packaging industry in the last five years

The top financial advisors supporting deals related to cybersecurity in the packaging industry in the last five years in terms of value were Barclays Bank, Goldman Sachs International, Merrill Lynch International, Morgan Stanley & Co, Simpson Thacher & Bartlett, and Mercury Securities.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.  

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.