2 May 2023
Macfarlane Group PLC
Acquisition of protective packaging distributor Gottlieb
Macfarlane Group PLC ("Macfarlane") is pleased to announce the acquisition of A & G Holdings Limited, owner of Gottlieb Packaging Materials Limited ("Gottlieb"). This earnings enhancing acquisition further progresses Macfarlane's strategy of building its protective packaging business through a combination of organic and acquisitive growth.
Strategic highlights
Transaction details
"Gottlieb is a well-run, successful protective packaging distributor with an experienced management team. The acquisition of Gottlieb complements the recent opening of our new distribution facility in Heywood and further strengthens our ability to serve customers in the North-West of England. We look forward to working with the team at Gottlieb to support its continued growth."
Further enquiries: |
Macfarlane Group |
Tel: 0141 333 9666 |
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Peter Atkinson Chief Executive |
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Ivor Gray Finance Director |
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Spreng Thomson |
Tel: 0141 548 5191 |
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Callum Spreng |
Mob: 07803 970103 |
Legal Entity Identifier (LEI): 213800LVRYDERSJAAZ73
Notes to Editors: