Q2 2024

Packaging M&A Update


 

RESOURCE HIGHLIGHTS

  • In Q2, the Dow Jones Containers & Packaging Index decreased 2.1% and was outperformed the Dow Jones Industrial Average, which decreased 1.0% over the same period.
  • The median EV/Revenue multiple for reported PE deals was 0.7x in 1H 2024, an increase from 0.4x in 2023, while reported EV/Revenue multiples on strategic buyer deals rose from 0.9x to 1.2x in the same period.
  • M&A deal volume increased 9.1% in Q2 2024 to 60 deals from 55 in Q1, and increased 11.1% from 54 deals in Q2 of the prior year.
  • Total capital invested in M&A deals in the Packaging sector decreased 85.0% in Q2 2024 to $0.3B from $2.0B in Q1, and decreased 57.1% from $0.7B in the same period of the prior year.
  • Europe was the most active region in Q2 with 30 deals. Most notably in the European market was C.P. Italia‚Äôs $3.9 million acquisition of V-Shapes, an Italian developer of unit dose packaging, in April 2024.

Please view our Q2 2024 Packaging Industry M&A Update below:

 

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