Macfarlane Group PLC is pleased to announce the acquisition of Allpack Packaging Supplies Limited. This earnings-enhancing acquisition further progresses Macfarlane’s strategy to build its protective packaging business through a combination of organic and acquisitive growth.
It is a well-established business based in East Anglia, supplying protective packaging products to customers across a wide range of sectors, from its warehouse facilities near Bury St Edmunds. It has an experienced team of 10 employees, including three Directors, all of whom will remain with the business following the acquisition.
Peter Atkinson, Chief Executive of Macfarlane, said:
“This latest transaction follows three acquisitions undertaken in the prior 12 months, and clearly demonstrates further progress in executing against our buy and build strategy. Allpack Packaging Supplies is a well-run, successful protective packaging distributor with an experienced management team. Their addition to the Macfarlane Group further strengthens our ability to serve customers in East Anglia. We look forward to working with the team at Allpack Packaging Supplies to support its continued growth.”
Clarification
For the avoidance of doubt, the company referred to in this announcement is Allpack Packaging Supplies Limited, also trading as Allpack Direct, and not any other similarly named company.
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