Were you thinking that the mergers and acquisitions side of the plastics industry seemed slow in 2024? Think again.
Data compiled by P&M Corporate Finance of Southfield, Mich., showed M&A deals were up 5 percent for the full year, picking up in the second half of the year.
But if you were under the impression that 2024 represented a slower year, that may be due to other economic conditions, including reticence to spend during an election year, inflation and fewer family-owned mid-market manufacturers in play.
The 2024 M&A market "seemed soft because of higher interest rates," Matt Miller, managing director at Cascade Partners LLC in Grand Rapids, Mich., told Plastics News' Frank Esposito for a roundup of acquisitions in 2024 and a preview of what to expect in 2025.
Find Frank's full report on plastics M&A trends here.