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Macfarlane has made a further latest acquisition By Scott Wright GLASGOW-based Macfarlane Group has clinched its first acquisition since the pandemic took hold, lifting shares up more than six per cent. The acquisitive packaging company has struck a deal to take over GWP Group of Wiltshire, a protective packaging manufacturing and distribution business, in a cash deal worth up to £15.1 million. It is the first deal to be sealed by Macfarlane since the addition of Armagrip in January 2020, and the fourteenth to be completed by chief executive Peter Atkinson since he joined the group i...

1 March 2021 | 09:05am StockMarketWire.com - Packaging company Macfarlane said it had acquired protective packager GWP for up to £15.1 million. The sum included an earn-out of £5.1 million based on agreed profit growth targets over two years. There also would be a further adjustment for net assets in excess of £1.6 million with the expected net assets on completion being £4.3 million, including £3.8 million of net cash. 'The acquisition is in line with Macfarlane's declared strategy of building its protective packaging business through a combination of organic and acquisitive growth,' th...

Macfarlane acquires protective packaging specialist GWP Richard Stuart-Turner Monday, March 1, 2021 Packaging giant Macfarlane Group has acquired GWP Holdings Ltd, the owner of protective packaging manufacturing and distribution business GWP Group. Atkinson: "GWP is a company that we have admired for quite a long time" Glasgow-headquartered Macfarlane said the acquisition is in line with its declared strategy of building its protective packaging business through a combination of organic and acquisitive growth. In the deal, which was completed late on Frid...

THE bells of Worcester Cathedral rang out this weekend to honour the life of legendary fundraiser Captain Sir Tom Moore.

THE bells of Worcester Cathedral rang out this weekend to honour the life of legendary fundraiser Captain Sir Tom Moore.