Macfarlane Group PLC | |
Foundation: | 1949 |
Founder: | Lord Macfarlane of Bearsden |
Location City: | Glasgow |
Location Country: | Scotland |
Key People: | Aleen Gulvanessian (Chair) Peter Atkinson, (CEO) |
Industry: | Packaging |
Revenue: | £280.7 million (2023)[1] |
Operating Income: | £22.1 million (2023) |
Net Income: | £15.0 million (2023) |
Num Employees: | 1,000 (2024)[2] |
Macfarlane Group PLC is a packaging company headquartered in Glasgow, Scotland. It is listed on the London Stock Exchange.
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]
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]