LONDON: Macfarlane Group PLC has announced the acquisition of The Pitreavie Group Limited for a maximum cash consideration of £18.0 million. This deal includes an earn-out of up to £4.0 million over two years, reflecting Macfarlane’s strategy to enhance its protective packaging business through both organic and acquisitive growth. Pitreavie, founded in 2005, specializes in…
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Macfarlane Group has acquired Polyformes Limited for £11.5 million
Macfarlane Group PLC announced the acquisition of Polyformes Limited for up to a maximum cash consideration of £11.5 million, including an earn-out of up to £4.8 million over two years.
Macfarlane Group has acquired Allpack Packaging Supplies Limited
LONDON: Macfarlane Group announced the acquisition of Allpack Packaging Supplies Limited (Allpack). This earnings-enhancing acquisition further progresses Macfarlane’s strategy to build its protective packaging business through a combination of organic and acquisitive growth. A well-established business based in East Anglia, supplying protective packaging products to customers across a wide range of sectors, from its warehouse…
Macfarlane acquires PackMann, a German protective packaging distribution business
LONDON, UK: Macfarlane Group announced the acquisition of PackMann Gesellschaft für Verpackungen und Dienstleistungen mbH (PackMann), a protective packaging distribution business based in Eppelheim near Heidelberg, Germany. The acquisition is in line with Macfarlane’s strategy of building its protective packaging business in Northern Europe through a combination of organic and acquisitive growth and is immediately…
Aleen Gulvanessian appointed on Macfarlane Group Board
LONDON, UK: The Board of Macfarlane Group PLC announced the appointment of Aleen Gulvanessian as a non-executive director with effect from 1 October 2021. She has also been appointed as Chair of Macfarlane Group’s Remuneration Committee, succeeding Andrea Dunstan. Aleen Gulvanessian was a corporate partner at Eversheds Sutherland for 30 years before stepping down in…
Macfarlane Group acquires Carters Packaging in Cornwall for £4.5 million
LONDON: Macfarlane Group announced the acquisition of Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited, for a maximum cash consideration of £4.5 million. Carters is a well-established business, based in Redruth, Cornwall, and is the leading distributor of protective packaging in the South-West of England. The acquisition is in line with Macfarlane’s declared…
Macfarlane Group acquires GWP Holdings for upto £15.1 million
LONDON: Macfarlane Group PLC announced the acquisition of GWP Holdings Limited the owner of GWP Group Limited, a protective packaging manufacturing and distribution business based in Wiltshire. The acquisition is in line with Macfarlane’s declared strategy of building its protective packaging business through a combination of organic and acquisitive growth. Macfarlane’s wholly-owned subsidiary, Macfarlane Group…