Macfarlane Group

Macfarlane Group PLC is a packaging company headquartered in Glasgow, Scotland. It is listed on the London Stock Exchange.

Macfarlane Group PLC

Traded as	LSE: MACF
Industry	Packaging
Founded	1949
Founder	Lord Macfarlane of Bearsden
Headquarters	Glasgow , Scotland
Key people	Aleen Gulvanessian (Chair) Peter Atkinson, (CEO)
Revenue	£270.4 million (2024)[1]
Operating income	£23.6 million (2024)[1]
Net income	£15.5 million (2024)[1]
Number of employees	1,000 (2024)[2]
Website	www.macfarlanegroup.com

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]