Packaging Update: Third Quarter 2010
Deloitte Corporate Finance LLC
This quarter’s Packaging Update, produced by Deloitte Corporate Finance LLC (DCF), summarizes themost recent transactions within the packaging industry and provides a public market snapshot of a variety of packaging sectors.
This quarter’s highlights include:
- The packaging industry continues to foster an attractive M&A marketplace for buyers and sellers as announced deal value approached $8.0 billion during Q3 2010 (up from just $900 million in the previous quarter).
- Many buyers are increasingly directing their attention on acquiring foreign targets, especially in emerging markets, as some economies have been less impacted by the global recession. This year, acquisitions of foreign targets represent 38% of all announced acquisitions by U.S. companies, up from only 19% in 2009.
- Alongside a sluggish economic recovery in the U.S., organic growth has proven to be difficult, encouraging buyers to evaluate strategic M&A opportunities as a means for significant growth.
Download the Packaging Update below.