M&A News In The Print and Packaging Industry Sector

M&A News In The Print and Packaging Industry Sector

By Anthony Contaldo

October 12, 2017

The report below gives a good overview of the third quarter M&A activity in the Print and Packaging Industry Sector. M&A activity for North American based target companies in the Printing and Packaging sector for Q2 2017 included 29 closed deals, according to data published by industry data tracker FactSet.
One of the largest deals of the quarter closed in May when Leonard Green & Partners LP, a subsidiary of LGP Management, Inc., acquired Charter NEX Films, Inc. from Pamplona Capital Management LLP for US$1.5 billion, including debt. Based in Milton, Wisconsin, USA, Charter NEX Films manufactures specialty polyethylene film for food and consumer packaging, and for industrial and medical applications.

Growing economies in developing nations combined with an ageing population are driving increased demand for more convenient, easy-to-carry, light, safe and functional packaging, which has led to increased sector sales.

Industry Indicators

  • US corporate profits, an indicator for corporate demand for printing services, rose 3.7% in the first quarter of 2017 compared to the same period in 2016.
  • US nondurable goods manufacturers’ shipments of printed goods, an indicator of demand for commercial printing, fell 6.6% year-to-date in May 2017 compared to the same period in 2016.

Posted by Anthony Contaldo.

Read the Entire Print and Packaging 3rd Quarter Newsletter Here