Plastics Industry M&A Activity Tracking
Global Plastics M&A recorded 34 deals in September, which represented the fifth consecutive month of 30 or more deals and a four deal increase over September 2023 figures. The increase in deal volume was driven primarily by the Injection Molding, Specialty, and Blow Molding subsectors. Through September, 286 total deals have been posted, an uptick of 19 deals relative to 2023 levels. Strategic buyers recorded their third most active month of the year, posting 18 deals. Notably, domestic M&A activity drove a majority of volume in the month and recorded its strongest month since January 2022. Overall, September notched another strong month for Global Plastics M&A
- The Injection Molding and Specialty subsectors drove plastics M&A activity in September, combining for over 82% of deals during the month. Increased deal volume in these two subsectors has been a significant factor in the uptick of overall deal activity compared to last year
- Despite relatively low deal volume in the year-to-date, Blow Molding had its second consecutive month of elevated activity in September
- Strategic buyers led activity in September, accounting for over half of all activity for the seventh time this year. Platform private equity acquisitions declined in the month, with only four deals recorded
- Domestic M&A had its strongest month in more than two years, tallying 18 deals during September. This represented over 50% of all deals completed, well above the year-to-date average
- The Industrial end market had another strong month of M&A activity, accounting for 23 deals during September. The Consumer end market also saw an above average month, posting eight deals, and marking its most active month of the year
Sources: S&P Capital IQ, Company Websites, Pitchbook, Company Reports, PMCF
Major News
- Konieczny Named CEO At Amcor (Plastics News)
https://www.plasticsnews.com/news/amcor-names-konieczny-its-ceo - EPA to Delay Implementation of New PFAS Reporting Rules (Plastics News)
https://www.plasticsnews.com/public-policy/environmental-protection-agency-push-start-pfas-reporting-rule-july-2025 - Industry Backs Proposed Federal Plastics Recycling Bill (Plastics News)
https://www.plasticsnews.com/public-policy/federal-plastics-proposal-echoes-industry-priorities-recycling - Packaging Updates Anticipated in Biden Administration’s Waning Months (Packaging Dive)
https://www.packagingdive.com/news/biden-regulatory-agenda-green-guides-plastic-pollution-strategy/726171/ - Fed Cuts Rates by Half Percentage Point (The Wall Street Journal)
https://www.wsj.com/economy/central-banking/fed-cuts-rates-by-half-percentage-point-03566d82?mod=central-banking_more_article_pos57 - Bottle-to-bottle recycling could get boost from California carpet recovery bill
https://www.sustainableplastics.com/news/newsom-signs-california-carpet-recovery-bill-could-boost-bottle-bottle-recycling
Download Plastics M&A Update – September 2024
Packaging M&A Update – September 2024
Global Packaging M&A posted 21 deals in September, down two transactions from August levels and nine from activity recorded in September 2023.
Packaging M&A Update – August 2024
Global Packaging M&A activity slowed after a strong second quarter and beginning of the third quarter, with 23 deals recorded in August—eight fewer than in July and the lowest since April.
Plastics M&A Update – August 2024
Global Plastics M&A recorded its fourth consecutive month with over 30 deals in August, tallying 33 in the period.
Plastics M&A Update – July 2024
Global Plastics M&A recorded its second most active month of the year in July, tallying 39 deals and falling three deals shy of elevated activity seen in January.
Packaging M&A Update – July 2024
Global Packaging M&A posted 32 deals in July, up three transactions from June levels and up 13 from July 2023 levels.