Macfarlane Group has confirmed its acquisition of East Anglia based Allpack a supplier of protective packaging product for a maximum cash consideration of £3.25m.
CEO of Macfarlane Peter Atkinson 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 is a well-run, successful protective packaging distributor with an experienced management team. The addition of Allpack to the Macfarlane Group further strengthens our ability to serve customers in East Anglia. We look forward to working with the team at Allpack to support its continued growth.”
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