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Macfarlane Group

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Macfarlane Group PLC
LSE:  MACF
Industry Packaging
Founded1949
Founder Lord Macfarlane of Bearsden
Headquarters
Glasgow
,
Scotland
Key people
Aleen Gulvanessian (Chair)
Peter Atkinson, (CEO)
RevenueDecrease2.svg £270.4 million (2024) [1]
Increase2.svg £23.6 million (2024) [1]
Increase2.svg £15.5 million (2024) [1]
Number of employees
1,000 (2024) [2]
Website www.macfarlanegroup.com

Macfarlane Group PLC is a packaging company headquartered in Glasgow, Scotland. It is listed on the London Stock Exchange.

Contents

History

The 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 went on to buy GWP Group, a packaging business based in Wiltshire, in 2021 [10] and sold its labels division to Reflex in 2022. [11]

The company then cought Suttons, a packaging business based in Cambridgeshire, in 2023. [12] Later in 2023, the company bought Barum & Dewar, a company operating in Hampshire and Devon. [13] In 2024, it bought Polyformes, a business based in Bedfordshire [14] and, in 2025, it bought Pitreave Group, a business operating in Scotland. [15]

Divisions

Macfarlane 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. [16]

References

  1. 1 2 3 "Annual Results 2024". Macfarlane Group. Retrieved 14 March 2025.
  2. ↑ "About us". Macfarlane Group. Retrieved 29 February 2024.
  3. ↑ "Profit rise for packaging company". BBC News. 26 August 2010. Retrieved 6 February 2024.
  4. ↑ Walker, Peter (5 November 2021). "Tributes paid to Lord Macfarlane". Insider.co.uk. Retrieved 6 February 2024.
  5. ↑ "Macfarlane buys National Packaging for 27.1m". Printweek. 10 April 2001. Retrieved 6 February 2024.
  6. ↑ "Network Packaging acquired by Macfarlane Group in £7.5m deal". Business Live. 8 September 2014. Retrieved 6 February 2024.
  7. ↑ "Macfarlane continues acquisition strategy with Nelsons buy". Printweek. 27 July 2016. Retrieved 6 February 2024.
  8. ↑ "Macfarlane to acquire packaging distributor Greenwoods in £16m deal". Packaging News. 18 September 2017. Retrieved 6 February 2024.
  9. ↑ "Macfarlane adds to distribution arm with two acquisitions". Packaging News. 23 August 2018. Retrieved 6 February 2024.
  10. ↑ "Macfarlane acquires GWP after recording growth in sales and profits". Packaging News. 1 March 2021. Retrieved 31 July 2025.
  11. ↑ "Macfarlane Group divests labels division to Reflex". Packaging Gateway. 5 January 2022. Retrieved 6 February 2024.
  12. ↑ "Macfarlane Group acquires Suttons". Printweek. 6 March 2023. Retrieved 31 July 2025.
  13. ↑ "Macfarlane Group fully acquires B&D". Packaging Gateway. 3 October 2023. Retrieved 31 July 2025.
  14. ↑ "Macfarlane Group acquires Polyformes for up to £11.5 million". Packaging Europe. 9 July 2024. Retrieved 31 July 2025.
  15. ↑ "Macfarlane Group acquires Pitreavie". Printweek. 13 January 2025. Retrieved 31 July 2025.
  16. ↑ "Businesses". Macfarlane Group. Retrieved 18 April 2023.


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