Macfarlane Group
From Wikipedia, the free encyclopedia
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 | £270.4 million (2024)[1] |
| £23.6 million (2024)[1] | |
| £15.5 million (2024)[1] | |
Number of employees | 1,000 (2024)[2] |
| Website | www |
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 sold its labels division to Reflex in 2022.[10]
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.[11]
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.