Macfarlane Group

Glasgow-headquartered protective packaging specialist Macfarlane Group has reported a 4% decline in revenue this year. The business, which has been listed on the main market of the London Stock Exchange since the 1970s, provided a trading update for the period from 1 January to 31 October 2024.

Glasgow-headquartered Macfarlane Group PLC, distributor of protective packaging, has appointed Joost Meijs to the new role of managing director, Macfarlane Packaging Distribution, Europe, as the company strengthens its presence in the European protective packaging market. In recent years the company

Macfarlane Group has posted an 8% year-on-year reduction in its pretax profits from £10 million to £9.7m for the first half of 2024. Likewise, overall revenues fell 8% from £141.6m to £129.6m. This was largely driven by an 11% revenue drop in the packaging distribut

The board of Glasgow-based Macfarlane Group has appointed experienced business leader and Chartered Accountant David Stirling as a non-executive director. His appointment will take with effect from 1 January 2025, following the retirement of Bob McLellan.

Macfarlane Group PLC has acquired Polyformes Limited, a UK-based protective packaging manufacturer, for a deal worth up to £11.5 million. The deal includes an earn-out of up to £4.8m over two years, based on agreed profit growth targets. This acquisition strengthens Macfarlane's protecti

Macfarlane Group has announced the acquisition of Allpack Packaging Supplies Limited in a cash deal worth up to £3.25 million. The earnings-enhancing move furthers the company's strategy to grow its protective packaging business through organic and acquisitive means.

The Macfarlane Group, headquartered in Glasgow, has reported a 3% year-on-year decline in revenue to £280.7 million in its preliminary results for 2023. However, amidst challenging market conditions, the company demonstrated resilience with adjusted profits before tax increasing by 10% from &p

The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023. Despite facing a 2% revenue drop compared to the same period last year, due to weaker volumes and reduced pricing affecting various

Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine

Macfarlane Group PLC has reported a pretax profit of £10 million, up 13% from last year, in its financial results in the first half of 2023. Revenue at the firm saw a modest rise of 2%, standing at £141.6m compared to the previous year's £139.2m, and the company's operating profit

Macfarlane Group has appointed David Mansfield to the newly created executive role of managing director – Macfarlane Packaging Distribution. Set to join the firm later this month, Mr Mansfield brings with him a wealth of industry experience from both a manufacturing and distribution stand

Glasgow-headquartered Macfarlane Group PLC has acquired A & G Holdings Limited, the owner of Gottlieb Packaging Materials Limited, in a deal worth £3.55 million. The acquisition is part of Macfarlane's strategy to expand its protective packaging business through organic and acquisitive gro

FRP Corporate Finance has advised the shareholders of Suttons Performance Packaging (Suttons), a protective packaging manufacturing business based in Cambridgeshire, on its £13.7m sale to Macfarlane Group PLC (Macfarlane). Founded in 1962, Suttons supplies specialist protective packaging to th

Macfarlane Group has acquired Suttons Performance Packaging, a specialist protective packaging manufacturing business based in Cambridgeshire, in a £9.0 million deal. This earnings accretive acquisition follows Macfarlane’s ‘buy and build’ strategy in delivering further stake

Glasgow-headquartered Macfarlane Group has seen profits before tax from continuing operations reach £19.9 million in 2022, marking a 7% increase from the year before. According to the group's annual results, revenue from continuing operations grew by 10% versus 2021 to £290.4m.