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Packaging M&A Update – March 2022

April 29, 2022

Packaging Industry M&A Activity Tracking

Global Packaging M&A rebounded after a slow month in February, posting 29 transactions in the month of March which was an increase of 11 transactions month-over-month. The increase in transaction activity could be attributed primarily to financial buyers, which accounted for 17 deals in March, after only accounting for 6 deals in February. 2022 packaging M&A activity has not met the levels seen through the first quarter of 2021, however, transaction activity remains strong and March closings validated this viewpoint.

  • Private equity add-on transactions contributed to high levels of deal volumes in March, accounting for 14 deals or 48% of the transaction volume
  • Strategic buyer activity has remained constant through the first quarter of 2022, posting 12 deals in both February and March and 11 deals in January
  • Paper packaging, which typically leads all packaging subsectors, accounted for 11 deals in the month which represented a 6 deal increase month-over-month
  • Other packaging transactions which include specialty packaging, machinery, and distribution deals, accounted for 21% of the transaction volume in the month and increased by 5 transactions over February levels
  • Consumer and Medical end-markets contributed 11 deals on the month, which was an increase of 7 deals month-over-month, and have posted 23 deals through the year-to-date

The Global Packaging M&A market experienced high levels of transactions through the first quarter of 2022 and looks poised to build on a strong March. Favorable market conditions that led to a record year in M&A in 2021 have continued with packaging buyers and sellers remaining highly active in 2022. If you are a packaging company considering a merger, acquisition, sale or recapitalization in the short or longer term, please consider leveraging PMCF’s transaction planning and execution expertise to best position your company in a transaction.

 

Packaging M&A By Subsector

 

Total Packaging M&A By End Market

 

Packaging Transactions By Buyer Type

Notable M&A Activity

Public Entity Performance

Major News

Download Packaging M&A Update – March 2022

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