In the global paper & packaging industry, there were 51 M&A deals announced in Q1 2024, worth a total value of $8.3bn, according to GlobalData’s Deals Database. The $7.2bn acquisition of DS Smith by International Paper was the industry’s largest disclosed deal. GlobalData’s Packaging Industry Mergers and Acquisitions Deals by Top Themes report for Q1 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.
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In value terms, M&A activity increased by 1140% in Q1 2024 compared with the previous quarter’s total of $669.5m and rose by 783% as compared to Q1 2023. Related deal volume decreased by 6% in Q1 2024 versus the previous quarter and was 11% lower than in Q1 2023.
Notably, foreign direct investments (fdi)-related deals accounted for a 55% share of the global paper & packaging industry’s M&A activity in Q1 2024, up 22% over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in Q1 2024 were Mesirow Financial; Canterbury Partners; Citigroup with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q1 2024 were Bradley Arant Boult Cummings; Bryan Cave; Cassels Brock & Blackwell with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Packaging Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
