Glasgow's Macfarlane Group to expand reach in England

A Macfarlane Group lorry

Macfarlane Group, the Glasgow-based packaging business, is embarking on a share placing to raise almost £6 million to help fund a new acquisition.

The firm is paying up to £6.75m to buy Leicester-based Nelsons for Cartons and Packaging Limited.

The move is in line with Macfarlane’s strategy to develop its packaging distribution business in the UK protective packaging market.