Contact

Plastics M&A Update – September 2024

November 14, 2024

Plastics Industry M&A Activity Tracking

Global Plastics M&A recorded 34 deals in September, which represented the fifth consecutive month of 30 or more deals and a four deal increase over September 2023 figures. The increase in deal volume was driven primarily by the Injection Molding, Specialty, and Blow Molding subsectors. Through September, 286 total deals have been posted, an uptick of 19 deals relative to 2023 levels. Strategic buyers recorded their third most active month of the year, posting 18 deals. Notably, domestic M&A activity drove a majority of volume in the month and recorded its strongest month since January 2022. Overall, September notched another strong month for Global Plastics M&A

  • The Injection Molding and Specialty subsectors drove plastics M&A activity in September, combining for over 82% of deals during the month. Increased deal volume in these two subsectors has been a significant factor in the uptick of overall deal activity compared to last year
  • Despite relatively low deal volume in the year-to-date, Blow Molding had its second consecutive month of elevated activity in September
  • Strategic buyers led activity in September, accounting for over half of all activity for the seventh time this year. Platform private equity acquisitions declined in the month, with only four deals recorded
  • Domestic M&A had its strongest month in more than two years, tallying 18 deals during September. This represented over 50% of all deals completed, well above the year-to-date average
  • The Industrial end market had another strong month of M&A activity, accounting for 23 deals during September. The Consumer end market also saw an above average month, posting eight deals, and marking its most active month of the year

Sources: S&P Capital IQ, Company Websites, Pitchbook, Company Reports, PMCF

Major News

 

Download Plastics M&A Update – September 2024

Global Plastics M&A experienced recorded 38 transactions in March, representing an uptick of seven deals from the prior month and five deals from last March.

Read More

Global Packaging M&A activity improved in March, with 27 deals announced.

Read More

Global Plastics M&A recorded its fourth consecutive year of deal volume growth with 420 transactions, highlighting a steady rebound following the record-setting activity of 2021.

Read More

The Global Packaging M&A market achieved its third consecutive year of growth in 2025 with 344 transactions, up 22 deals from 2024.

Read More

Global Packaging M&A tapered in February as 20 deals were announced in the sector, down more than 30% from prior month and prior year levels.

Read More