FPA Announces 2020 Student Flexible Packaging Winners The Flexible Packaging Association (FPA) has an- nounced the winners of the FPA 2020 Student Flex- ible Design Challenge. This year’s first place winners were a team of students from California Polytechnic State University, and two students from San José State University tied for second place. FPA’s annual Achievement Awards competition rec- ognizes innovative flexible packaging from across its membership. For the 2020 competition, FPA received 40 concept outlines from some of the top packaging design pro- grams across the United States. From the concept out- lines submitted, 15 were selected to continue to the development phase. FIRST PLACE HONORS Open Sesame – Premium Dipping Sauce Student Team : Pierson Berry, Ian Jennings, Linnea Landgren, and Suzannie Marshall; California Polytech- nic State University SECOND PLACE HONORS (TIE) TouchUp Pouch – 2-in-1 Paint and Applicator Student : Jai Araujo; San José State University Doughnut’cha Know Juice Student : RosalynYasui; San José State University. Global Packaging M&A Deals Total $781.11m In February Total packaging industry M&A deals in February 2020 worth $781.11 million were announced globally, according to GlobalData’s deals database. The value marked a decrease of 38.1 percent over the previous month and a drop of 43.3 percent when compared with the last 12-month average,which stood at $1.38 billion. Comparing deals value in different regions of the globe, South and Central America held the top posi- tion, with total announced deals in the period worth $522.41 million.At the country level, Brazil topped the list in terms of deal value at $522.41 million. In terms of volumes, North America emerged as the top region for packaging industry M&A deals glob- ally, followed by Europe and then South and Central America. The top country in terms of M&A deals activity in February 2020 was the United States with 11 deals, followed by the UK with three and France with three. In 2020, as of the end of February 2020, packag- ing M&A deals worth $2.04 billion were announced globally, marking an increase of 796.8 percent year on year.
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Flexo Market News April 13, 2020 9
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