The $800 Billion Global Packaging Industry: Trends in M&A in 2018
When you think of the largest global consumer markets, I’ll bet the packaging industry is not high on your list. Yes, packaging. Think about it: Almost everything you buy comes in a package. Cardboard boxes. Plastic containers. Glass jars. It’s a massive market that continues to grow.
Statistics indicate that the world packaging industry’s market value will reach $1 trillion by 2020. That’s up from $839 billion in 2015.
These numbers make the packaging industry a darling for both strategic and sponsor investors who are drawn to the industry’s resilience, fragmentation and ability to differentiate strategies. This was evidenced in 2018, which was yet another year with significant M&A activity in the space.
In this white paper, Jonathan White of Mazzone and Associates provides over twenty-five years of M&A experience within the packaging industry to dig into:
Managing Director, Mazzone and Associates
Jonathan White joined Mazzone & Associates in 2017. As a Managing Director, he focuses on industrial transactions, primarily in the plastics, packaging and manufacturing space. He has successfully completed sell-side and buy-side representation, joint ventures, and recapitalizations across a variety of industries but with specific expertise in packaging, plastics, and printing related markets.
Terry has thirty years of direct, middle market M&A experience and two more of indirect experience in acquisitions with an NYSE company. Since 1990, he has managed close to 100 M&A transactions from all sides. Since CFA represents both buyers and sellers on different assignments and often arranges the financing to complete transactions, he has a broad perspective from which to view the playing field.
Mr. White brings a wealth of experience not only from Investment Banking but also from Corporate Development and Financial and Operations Management. Prior to joining the firm, he was a Senior Director of Strategic Investments for Jabil Inc. (NYSE: JBL), where he engaged in defining and executing Jabil’s expansion into the consumer packaging industry. Prior to Jabil, Mr. White served as a CFO and Development Officer for two private groups investing in manufacturing, where he both managed platform companies and refined portfolios through acquisitions and divestitures. Mr. White started in the packaging industry in Corporate Development and Operations Management for Rexam PLC.
Mr. White received a B.S. from the University of North Carolina at Chapel Hill, where he was elected Phi Beta Kappa, and an MBA from the Darden School of the University of Virginia.