Glasgow-based packaging and distribution firm Macfarlane Group said on Monday it acquired Leyland Packaging Company (Lancs) Limited for up to £3.25 million.
“The acquisition is in line with Macfarlane’s strategy of building the business through a combination of organic and acquisitive growth …” said Macfarlane.
“Leyland is a successful packaging distributor, which focuses on industrial customers within a close radius of its 37,000 sq. ft. facilities in Leyland, which is well located for easy access to M6, M61 and M65.
“The business will benefit from access to Macfarlane’s extended range of protective packaging products and servicesand the significant overlap of our respective suppliers.
“The business has an experienced team of 12 employees all of whom will remain in the business following the acquisition.”
Macfarlane CEO Peter Atkinson said: “Leyland is a high-quality packaging business that meets our acquisition criteria and will be earnings-enhancing in its first full year in the group.
“I am confident that the business will be another good acquisition for Macfarlane improving our geographic coverage in the North-West and extending our customer reach.”