Macfarlane announces acquisition of B&D 2010 Group for maximum cash consideration of £3.85M; B&D is a specialist protective packaging business based in South of England

Sample article from our Packaging Industry

October 2, 2023 (press release) –

Macfarlane announces the acquisition of B&D 2010 Group Limited (“B&D”), a specialist protective packaging business based in the South of England.  This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging business through a combination of organic and acquisitive growth.
B&D is a well-established business employing 15 staff and supplying customers in the growing aerospace, defence and space sectors, throughout the UK and internationally, from its facility in Southampton.  There are significant opportunities to provide B&D’s existing customers with additional packaging solutions and to also develop new customers in the sectors within which B&D specialises.

For the year ended 31 December 2022, B&D generated sales of £2.6 million and an adjusted EBITDA of £0.5 million, with strong growth in 2023 year-to-date.

Macfarlane’s wholly-owned subsidiary, Macfarlane Group UK Limited, has acquired 100% of B&D for a maximum cash consideration of £3.85 million (including an earn-out of up to £0.55 million based on agreed profit growth target over one year).

The consideration is being financed entirely from the Group’s existing £35.0 million bank facility.

Peter Atkinson, Chief Executive of Macfarlane, said:

“B&D is an excellent business servicing high quality customers in attractive growth sectors and complements Macfarlane’s existing specialist protective packaging activities.  We look forward to working with the team at B&D to support its continued growth.”


For further information 
Macfarlane Group    Tel: 0141 333 9666
Peter Atkinson –  Chief Executive     
Ivor Gray – Finance Director     
Spreng Thomson    Tel: 0141 548 5191
Callum Spreng    Mob: 07803 970103

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order packaging industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.