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Macfarlane – acquisition to further build protective packaging business, BUY

By Tom Winnifrith & Steve Moore | Saturday 16 March 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Packaging design, manufacturing and distribution group Macfarlane (MACF) has announced the acquisition of Allpack Packaging Supplies Limited, emphasising “this earnings-enhancing acquisition further progresses Macfarlane's strategy to build its protective packaging business”. Further good news from a current 131.5p share price?
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