Asia-Pacific shows growth amidst decline across most regions for packaging deals
Deals activity by geography
Packaging industry deals, as captured by GlobalData’s Packaging Intelligence Centre, are down year-on-year (YoY) across the majority of regions.
South and Central America has seen the biggest drop, with the volume of deals down -25.69% YoY. North America is leading in terms of deals value, but the volume of deals is also down -14.58% YoY. The volume of deals recorded by GlobalData also dropped YoY in Europe (-6.03%) and Middle East and Africa (-25.2%).
Asia-Pacific, ranking third in terms of deal value, saw a slight increase of 2.5% in deals volume.
Deals activity by theme
GlobalData’s analysis of packaging industry deals by theme shows that investing in ecommerce operations and Future of Work practises has seen a strong start in terms of deal volumes YoY. This is understandable, as companies have shifted to remote operations in response to the Covid-19 pandemic.
|Deals value by theme||2021||2020|
|Internet of Things||$4,534.80m||$1,274.80m|
Deals activity by type
|Deal type||Total deal value ($m)||Total Deal Count||YOY change (value)|
A breakdown of deals by volume shows huge growth in acquisitions (309.93%) YoY, while equity offerings (10.79%) and asset transactions (26.77%) are similarly up YoY. However, debt offering deals are down YoY (-26.75%) as well as asset transactions (-50.12%). Mergers (-94.75%), partnerships (-98.98%), and private equity deals (-128.27%) are also down YoY.
Note: All numbers as of June 2021. Deals captured by GlobalData cover M&As, partnerships and capital raisings.
For more insight and data, visit GlobalData's Packaging Intelligence Centre.
Latest deals in brief
Graphic Packaging Holding to acquire AR Packaging Group for $1.45bn
Graphic Packaging Holding Co, a US-based provider of paper based packaging solutions, has agreed to acquire AR Packaging Group AB, a Sweden-based provider of packaging services, from CVC Capital Partners Fund VI, a Luxembourg-based subsidiary of CVC Capital Partners, for cash consideration of $1.45bn.
Intertape Polymer prices $400m in offering of bonds
Intertape Polymer Group Inc, a specialty packages providing company that develops and manufactures specialized polyolefin, plastic, paper, and film-based packaging products, has priced $400m in offering of bonds.
Constantia Flexibles Group acquires Propak Ambalaj Uretim ve Pazarlama for €120m
Constantia Flexibles Group GmbH, an Austria-based manufacturer of flexible packaging, has acquired Propak Ambalaj Uretim ve Pazarlama A.S., a manufacturer of flexible packaging products for food markets, from Polinas Plastik Sanayii ve Ticareti A.S. for €120m.
Ranpak Holdings prices public offering for $105m
Ranpak Holdings Corp, a US-based provider of protective paper packaging materials and systems, has priced its underwritten registered public offering of 5,000,000 shares of its Class A common stock at a public offering price of $21 per share.
Mega First to acquire 100% stake in Stenta Films for $49.44m
Mega First Corp Bhd has announced intentions to acquire a 100% stake in Stenta Films Sdn. Bhd., a manufacturer of flexible packaging film, for MYR205m ($49.44m). Both companies are based in Malaysia.
Shin-Etsu Polymer to acquire food packaging wrapping film business from Showa Denko Materials
Shin-Etsu Polymer Co. Ltd. has announced intentions to acquire the food packaging wrapping film business from Showa Denko Materials Co Ltd, a diversified chemical company that undertakes the manufacture and sale of advanced performance and electronic related products, for JPY3.666bn ($33.72m).