Mergers and acquisitions within plastics industry in 2013 down 9% compared to near 26% rise in 2012, financial advisory firm reports
Elyse Blye
DETROIT , April 24, 2014 (Plastics News (CBNB Abstracts)) – Stout Risius Ross Inc has reported a nearly 9% decline in mergers and acquisitions (M&A) within the plastics industry in 2013, in contrast with the near 26% rise in 2012. The share in transaction volumes was dominated in industrial plastics (64%), followed by sectors like plastics packaging (22%), medical plastics (10%) and automotive plastics (5%). Medical plastics recorded a 31% rise in transaction volumes, while plastic packaging noted a 27% decline in 2013. M&As are targeted based on the availability of strategic and financial buyers, financing for both small and large transactions and promising macroeconomic projections for downstream markets
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