0370 270 6000

Browne Jacobson advises on sale of Wolverhampton packaging company to Macfarlane Group

8 September 2014

The corporate team at Birmingham based law firm Browne Jacobson has advised the shareholders of Wolverhampton based Network Packaging Limited in the disposal of the entire issued share capital of the company to Macfarlane Group PLC for a maximum consideration of approximately £7.5m.

Formed in 1997 Network Packaging Limited is one of the countrys leading bespoke packaging solutions companies with a regional and national customer base spanning pharmaceutical, e-commerce and third-party logistics companies as well as leading providers of mobile phones and fashion retailers.

Glasgow based Macfarlane Group is a packaging and label company whose packaging distribution business, Macfarlane Packaging, is the UKs market leader. The Group employs over 700 people across 22 sites, principally in the UK, Ireland and Europe.

The Browne Jacobson corporate finance team was led by Roger Birchall, assisted by Tina Robinson.

Roger Birchall of Browne Jacobson said:

"This is a good deal for all parties. The acquisition is an important strategic step for Macfarlane Group which strengthens its footprint in the Midlands. We are delighted to have assisted the shareholders of Network Packaging Limited in realising 17 years hard work and dedication; in particular we are pleased that their invaluable management experience and expertise will continue to be utilised within the business post completion."

Roger Buckley and Hardeep Gogna of BDO provided corporate finance and tax advice to the sellers whilst Wright Johnston & Mackenzie LLP acted as legal advisers to the buyer.

Focus on...

Press releases

Browne Jacobson’s Private Equity specialists advise Palatine on key CTS exit

Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.


Press releases

Browne Jacobson’s specialist corporate finance lawyers advise LDC on sale of global IT services provider

Browne Jacobson’s corporate finance lawyers have advised leading mid-market private equity firm, LDC and management on the sale of specialist managed IT services provider, Littlefish to Bowmark Capital.


Press releases

Browne Jacobson advise CTS Group on acquisition of In Situ testing specialists

Browne Jacobson’s private equity (PE) dealmakers have advised Palatine Private Equity backed CTS Group (Construction Testing Solutions Limited) on its acquisition of In Situ Site Investigation, a market leader in Cone Penetration Testing and Pressuremeter techniques and ground investigation services.


Legal updates

M&A trends in the specialist lending market

In this update, we look at what is behind the recent drive in Merger & Acquisition (M&A) activity involving high street lenders, Private Equity (PE) Houses, FinTechs and other specialist lenders. We also analyse the benefits that M&A activity offers to businesses and the touch upon the impact this trend is having on the competitive landscape.


Lakhbir Rakar

Lakhbir Rakar

PR Manager