Exit and Growth Strategies for Middle Market Businesses

M&A Quarterly News In The Print and Packaging Industry Sector

By Jeff Wright | Oct 30, 2019

The report below gives a good overview of the fourth quarter M&A activity in the Print and Packaging Industry Sector. M&A activity for North American based target companies in the Print and Packaging sector for Q3 2019 included 23 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in August when PLZ Aeroscience Corp, a portfolio company of PPC Partners Ltd., acquired Precise Packaging, Inc., a portfolio company of Trive Capital LLC, for an undisclosed amount. The transaction allows PLZ Aeroscience to enhance its position on the North American specialty aerosol and liquid manufacturing market. Precise Packaging is located in Fall River, Massachusetts and provides filling, compounding, packaging development and pharmaceutical development services.

Industry Indicators

  • US corporate profits, an indicator for corporate demand for printing services, rose 2.7% in the second quarter of 2019 compared to the same period in 2018.
  • US nondurable goods manufacturers’ shipments of printed goods, an indicator of demand for commercial printing, rose 2.9% year-to-date in August 2019 compared to the same period in 2018.
  • The spot price of crude oil, a key cost factor in commercial printing operations, fell 27.0% in the week ending October 11, 2019, compared to the same week in 2018.

Posted by Jeff Wright.

Read the Entire Print and Packaging 4th Quarter Newsletter Here

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