According to the latest data show, the first half of 2013, mergers and acquisitions activity global plastics industry year-on-year reduction of nearly 1/4.
To June 11th, is located in the America mergers and acquiring company P&MCorporateFinance tracked 146 global plastics and packaging m & A transactions, compared to the first half of 2012 fell 23%.
According to a report by P&M, the largest decline in terminal market of M & A activities such as food and beverage (down 31%), industry (down 21%) and consumer (down 47%).
Processing industry, the biggest blow molding field decline. The first half of last year, the field of M & A transactions 16 pen, the first half of this year only 8 pen. And M & A transactions the number of year-on-year decline 20 pen injection field.
According to the plastics news related news, the first half of 2013, the single pen of the highest value transaction is Mira Cron (Milacron) acquisition of mold masters to $970000000 (Mold-Masters), other than the largest transactions include Jabil Circuit (JabilCircuit) $665000000 acquisition of North America injection mold leading manufacturer Nepro (Nypro); wire AI Industry Company (CCLIndustries Eli Denison) takeover of the company for $500000000 (AveryDennsion) of the two packaging factory.
According to standard & Poor's credit rating agency (S&P) said in numerous mergers and acquisitions activity, for more than $500000000 of transactions, strategic buyers generally pay about 10 times; and the financial buyers less than 8 times.
For less than $500000000 transaction, strategic buyers have to pay about 8 times. Financial buyers usually don't do small transactions such.