Flexible Packaging Competitive Advantages for Package Printing Facing Tough Economy, Sustainability

By Tom Polischuk

More consolidation?

The flexible packaging industry has experienced its fair share of consolidation during the last several years. In a presentation at the FPA’s annual meeting, Doug Lawson, managing director for BMO Capital Market’s Packaging Group, reported that 2007 was a record year for mergers and acquisitions (M&A) in the worldwide packaging sector, with 386 announced transactions. Of these, 100 were in flexible packaging, 28 of which were in the U.S. Strong economies, strong earnings, and good capital markets drove the high level of M&A activity.