Packaging Update: Second Quarter 2012Deloitte Corporate Finance LLC |
|
This quarter’s Packaging Update, produced by Deloitte Corporate Finance LLC (DCF), summarizes the most recent transactions within this industry along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
Highlights include:
- Average acquisition deal size through Q2 2012 was $520 million, which remains higher than the $499 and $316 million values in 2011 and 2010, respectively.
- There were 10 acquisitions of U.S. targets by foreign buyers, a significant increase from Q2 2011 when three of these transactions occurred.
- Environmental stipulations and changing consumer requirements are expected to drive product innovations in the near future. The development of new packaging formats that utilize less raw material, function optimally, and are easily processed using eco-friendly production equipment will remain the ultimate goal.
- Rigid plastic packaging has been one of the more attractive segments of the packaging industry. Blow molders, in particular, are becoming increasingly popular recent acquisition targets, with the second quarter seeing two of the biggest blow molders acquired by private equity buyers.
To read more, download the Packaging Update.
Packaging update: Q2 2012
