Packaging sector update | Q2 2023 M&A report


13 July 2023

  • Greek packaging companies are speeding up investments to increase productivity and drive exports despite the slowdown in customer demand
  • Most of the industry’s sub-sectors have witnessed a decrease in valuation multiples during the second quarter of 2023, despite staying close to their trailing 12M average
  • M&A activity remained muted as high interest rates and persistent inflation have restrained strategic and financial sponsors from extensive dealmaking.