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News

Macfarlane Group buys Ecopac

Protective packaging
Copyright Shawn.Hempel - stock.adobe.com
10 May 2019 − 

Macfarlane Group PLC, Coventry, has acquired 100 per cent of British protective packaging distribution business Ecopac (UK) Limited.

Macfarlane Group PLC, Coventry, has acquired 100 per cent of British protective packaging distribution business Ecopac (UK) Limited via its wholly-owned subsidiary Macfarlane Group UK Limited. The cash consideration for the business was £3.9m (including an earn-out £0.8m).

In the year ended 31 March 2018, Ecopac generated sales of £6m and pre-tax profits of £0.5m.

Ecopac operates a 6,000 m² facility near Aylesbury in Buckinghamshire and has 21 employees, who will remain with the business following the acquisition.

With this acquisition, Macfarlane Group expands its geographic reach, while Ecopac is expected to benefit from Macfarlane's extended product range.

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