Macfarlane Group PLC is a packaging company headquartered in Glasgow, Scotland. It is listed on the London Stock Exchange.
LSE: MACF | |
Industry | Packaging |
Founded | 1949 |
Founder | Lord Macfarlane of Bearsden |
Headquarters | , |
Key people | Aleen Gulvanessian (Chair) Peter Atkinson, (CEO) |
Revenue | £280.7 million (2023)[1] |
£22.1 million (2023)[1] | |
£15.0 million (2023)[1] | |
Number of employees | 1,000 (2024)[2] |
Website | www |
History
editThe company was founded by Lord Macfarlane of Bearsden as a commercial stationery company in Bath Street, Glasgow in 1949.[3]
The company expanded and was floated on the London Stock Exchange in 1973 and then entered the packaging distribution market by acquiring Abbots Packaging in 1980.[4]
After a period of growth in the 90s, the business expanded its share of the packaging distribution market by acquiring National Packaging in 2001,[5] Network Packaging in 2014[6] and Nelsons for Cartons Packaging in 2016.[7] This was followed by Greenwoods Stock Boxes in 2017,[8] as well as Tyler Packaging (Leicester) Ltd and Harrison's Packaging Ltd in 2018.[9]
The company sold its labels division to Reflex in 2022.[10]
Divisions
editMacfarlane Group has two core divisions: Packaging Distribution and Design & Manufacture. Key market sectors served by the Packaging Distribution Division include eCommerce, third party logistics, manufacturing, retail, industrial, automotive, electronics and aerospace. Key market sectors served by the Design & Manufacture Division include industrial, automotive, defence, aerospace, electronics and medical.[11]
References
edit- ^ a b c "Annual Results 2023". Macfarlane Group. Retrieved 29 February 2024.
- ^ "About us". Macfarlane Group. Retrieved 29 February 2024.
- ^ "Profit rise for packaging company". BBC News. 26 August 2010. Retrieved 6 February 2024.
- ^ "Tributes paid to Lord Macfarlane". Insider.co.uk. 5 November 1921. Retrieved 6 February 2024.
- ^ "Macfarlane buys National Packaging for 27.1m". Printweek. 10 April 2001. Retrieved 6 February 2024.
- ^ "Network Packaging acquired by Macfarlane Group in £7.5m deal". Business Live. 8 September 2014. Retrieved 6 February 2024.
- ^ "Macfarlane continues acquisition strategy with Nelsons buy". Printweek. 27 July 2016. Retrieved 6 February 2024.
- ^ "Macfarlane to acquire packaging distributor Greenwoods in £16m deal". Packaging News. 18 September 2017. Retrieved 6 February 2024.
- ^ "Macfarlane adds to distribution arm with two acquisitions". Packaging News. 23 August 2018. Retrieved 6 February 2024.
- ^ "Macfarlane Group divests labels division to Reflex". Packaging Gateway. 5 January 2022. Retrieved 6 February 2024.
- ^ "Businesses". Macfarlane Group. Retrieved 18 April 2023.