In the global paper & packaging industry, there were 62 M&A deals announced in Q3 2024, worth a total value of $2.9bn, according to GlobalData’s Deals Database. The $1.1bn acquisition of Clearwater Paper by Sofidel America was the industry’s largest disclosed deal. GlobalData’s Packaging Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2024 uncovers the dominant drivers behind the M&A landscape in the Packaging sector, delivering crucial insights into industry dynamics and shifts. Buy the report here.
Smarter leaders trust GlobalData
In value terms, M&A activity decreased by 51% in Q3 2024 compared with the previous quarter’s total of $5.9bn and fell by 87% as compared to Q3 2023. Related deal volume increased by 3% in Q3 2024 versus the previous quarter and was 14% lower than in Q3 2023.
Notably, foreign direct investments (fdi)-related deals accounted for a 34% share of the global paper & packaging industry’s M&A activity in Q3 2024, up 32% over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were JPMorgan Chase & Co; Mesirow Financial; Wells Fargo & Co with 3, 3, 3 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were CMS Legal Services EEIG; Cuatrecasas, Goncalves Pereira; Kirkland & Ellis with 4, 3, 3 deals respectively.
For further understanding of GlobalData's Packaging Industry M&A Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
