Tracking packaging mergers and acquisitions in 2024
In a complex economic environment, acquisition activity — including with private equity involvement — remains ongoing. Follow updates with Packaging Dive’s running list.
Jan. 2: The most recent M&A updates include:
- Amcor completed the $122 million sale of its 50% interest in Bericap North America, a closures joint venture, on Dec. 27. Proceeds are going toward reducing debt, Amcor said.
- Sonoco announced Dec. 18 it’s selling its thermoformed and flexibles packaging business to Toppan Holdings in a $1.8 billion deal. The companies expect the transaction to close in the first half of 2025.
While some parts of the packaging industry are already highly consolidated and recent economic challenges have created headwinds, deals are happening. Packaging Dive aims to track as many as possible throughout 2024 to help you stay up to date.
Although the packaging industry is global, this list focuses on deals involving companies that are either based in the U.S. or have a notable U.S. presence. We list the acquirers in alphabetical order by their parent company or common operating name, which may differ from the specific legal entities involved in the acquisitions. The list can be sorted by category by clicking on each column title in the table below.
Do you have suggestions on how to update the scope or layout of this tool? Do you know of new deals we should include, or are you hearing about a tip you want us to investigate? Get in touch at [email protected].
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