Flexible Packaging Newsletter - Q1 2019

TKO Miller Market Analysis 

• The Flexible Packaging Industry continued its strong growth trajectory in 2018 with an overall 4-5% increase. [ResearchAndMarkets]
• The price of plastic materials and resin has remained low since falling 11.3% in 2015 due to the collapse in world oil prices. [IBISWorld]
• The consolidation of the industry continued in 2018 as strategic buyers continued to seek new markets, capabilities, and synergies. Among industry leaders, Amcor announced the acquisition of Bemis, Transcontinental acquired Mutifilm Packaging and Covaris America, ProAmpac acquired Gateway Packaging Company, PacTech Packaging, and Bonita Packaging Products, Inc., and Berry Global conducted a sharerepurchase and acquired Laddawn, Inc. [CapIQ]
• The profile of these transactions suggests that the larger industry players are willing to pay premiums for smaller niche companies in an effort to expand their business models and service offerings. 

TKO Miller  Flexible Packaging Transaction 

February 2019 – TKO Miller Advises HFM Packaging, Ltd. on its Sale to PPC Flexible Packaging, LLC 

By Joe Froehlich on Feb 19, 2019 8:16:39 AM