Acquisition History / Macfarlane Group PLC / The Pitreavie Group Limited
Macfarlane Group PLC Acquires The Pitreavie Group Limited
Announced January 13, 2025 — $24.3M
What happened
Pitreavie is a Scotland-based designer, manufacturer and distributor of protective packaging serving food & drink, energy, electronics and industrial customers. Macfarlane bought 100% of the company to expand its protective packaging business; the maximum cash consideration includes a two-year profit-based earn-out of up to £4.0M.
- Acquirer
- Macfarlane Group PLC
- Target
- The Pitreavie Group Limited
- Announced
- January 13, 2025
- Price
- $24.3M
- Industry
- Protective packaging manufacturing & distribution
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Macfarlane Group PLC acquire The Pitreavie Group Limited?
Macfarlane Group PLC acquired The Pitreavie Group Limited on January 13, 2025. This was Macfarlane Group PLC's 1st publicly tracked acquisition out of 1 we have on record.
How much did Macfarlane Group PLC pay for The Pitreavie Group Limited?
Macfarlane Group PLC paid $24.3M for The Pitreavie Group Limited.
What does The Pitreavie Group Limited do?
Pitreavie is a Scotland-based designer, manufacturer and distributor of protective packaging serving food & drink, energy, electronics and industrial customers. Macfarlane bought 100% of the company to expand its protective packaging business; the maximum cash consideration includes a two-year profit-based earn-out of up to £4.0M.
What other Protective packaging manufacturing & distribution companies has Macfarlane Group PLC acquired?
The Pitreavie Group Limited is Macfarlane Group PLC's only publicly tracked acquisition in Protective packaging manufacturing & distribution so far.