Macfarlane Group, the Glasgow-based packaging, design and distribution firm, has announced the acquisition of East Anglia-based Allpack Packaging Supplies Limited for up to £3.25 million.

“This earnings-enhancing acquisition further progresses Macfarlane’s strategy to build its protective packaging business through a combination of organic and acquisitive growth,” said the Glasgow firm.

For the year ended December 31, 2023, Allpack generated sales of £3 million.

Macfarlane CEO 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.”