Packaging Update: Fourth Quarter 2011
Deloitte 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.
- Average deal size in 2011 was $501 million up from $316 million in 2010 and only $82 million in 2009.
- Over $2.8 billion in deals were announced in Q4 2011, and over $33.5 billion in deals were announced during 2011. This is an increase of nearly 200% year-over-year from 2010.
- Out of the 68 disclosed deals announced in 2011, 13 of those were at values greater than $500 million. This represents a significant increase from both 2010 and 2009 when there were only 7 and 2 disclosed deals at values greater than $500 million, respectively.
- The return of the large transactions points to the likelihood that companies throughout the industry may be able to obtain greater sources of lending and become more active in the M&A market in the near future.
Download the Packaging Update below.