Report: Industry Transactions Up in 2016
According to a report released by Stout, Risius, Ross Investment Banking in Chicago, Illinois, the plastics industry's M&A activity reached new heights during 2016 with 475 transactions, a 15.6 percent increase from the previous year.
Transaction activity grew consistently throughout the year with significant year-over-year increases shown for each of the four quarters during 2016. In addition, the 126 transactions posted during Q4 2016 surpassed the previous high, which had been recorded in Q3 of 2016.
Positive momentum for plastics industry transaction activity is expected to continue into 2017, with continued favorable financing markets, ample buyer equity capital, strong financial performance in many sectors and historically high valuation levels.
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