Macfarlane Group acquires Scottish packaging firm Pitreavie for £18M, boosting its market presence.

Macfarlane Group, a UK packaging company, has acquired Scottish packaging firm Pitreavie for £18 million, with potential for an additional £4 million based on profit targets over two years. This deal, Macfarlane's largest since 2001, adds Pitreavie's 159 employees and enhances Macfarlane's presence in protective packaging, including for food and drink sectors. Founded in 2005, Pitreavie operates in Glenrothes, Cumbernauld, and Aberdeen.

January 13, 2025
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