BMO Capital Markets Reviews M&A in Packaging
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According to the report, all sectors were affected by market conditions in 2009. Transaction activity by sector in 2009 was similar to previous years. Rigid packaging accounted for the greatest number of deals, at 34 percent. Transaction activity was similar between the flexible sector (22 percent of deal volume) and paperboard (19 percent of deal volume). The remainder of activity was split between labels, machinery, and other packaging. While M&A activity slowed across all sectors, paperboard packaging had the most significant slowdown on nominally and as a percentage change. Rigid packaging was least affected with only 21 percent fewer deals in 2009 than 2008.
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- People:
- Doug Lawson
- Places:
- Chicago
- North America
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