Financing M&A
Reduced merger and acquisition activity in the packaging sector reflects the effects of the credit crunch and the global recession.
Going forward, Hornell says that there are still “two bright spots that remain for packaging M&A. The first is that private equity groups continued to raise large amounts of capital in 2008 … [second is that this] money will find a home, and packaging should continue to be an appealing industry to private equity investors.”
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