Plastic packaging M&A deals drop in 2013

02/14/2014 |

Plastic packaging M&A activity dropped to 138 deals last year, down from 169 in 2012, said Thomas Blaige, CEO of investment firm Blaige & Co. However, the number was still within the typical historic range. "There's a lot of pressure on converters to consolidate ... [b]ecause the supply chain is consolidating, so you've got pressure upstream, downstream and from competitors as well," he added.

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