BDO’s Mergers & Acquisitions team advised the shareholders of Network Packaging on its sale to Macfarlane Group plc (‘Macfarlane’). Established in 1997, Network Packaging is a leading independent packaging materials distributor in the UK, possessing a comprehensive portfolio of innovative and creative packaging solutions. The Company has a strong reputation for exceptional product quality and customer service, and is led by a highly experienced management team. Macfarlane is a market leading packaging company focussed on the distribution of a wide range of packaging consumables. The transaction follows on from BDO’s recent sale of Learoyd Packaging and adds to its impressive Packaging sector credentials.
“The shareholders are delighted with the outcome of the sale. BDO provided invaluable advice throughout the process and skilfully guided us through, what is likely to be, the largest financial transaction of our lives. The sale to Macfarlane Group plc provides an excellent return after years of growing the company and helps to secure the future of the business and the staff – a great result.”
Neal Tugman, Shareholder and Executive Director, Network Packaging