# Macfarlane Group to acquire Polyformes for £11.5M

Macfarlane Group agreed to acquire foam protective packaging specialist Polyformes in a £11.5 million deal, reported on 8 July 2024.

- Type: Acquisition
- Announced: 2024-07-08
- Where: Leighton Buzzard, United Kingdom
- Value: $14.7M (11.5M GBP)
- Status: completed
- Products: foam protective packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Macfarlane](https://endata.com/companies/2071.md) (acquirer)
- [Polyformes](https://endata.com/companies/12034.md) (target)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/page/12), 2024-07-08: "Macfarlane Group has swooped for foam protective packaging specialist Polyformes, in a £11.5m deal."
- [sustainabilitymea.com](https://www.sustainabilitymea.com/ma-update-smurfit-kappas-merger-deal-with-westrock-to-take-effect-macfarlane-acquires-polyformes-verallia-closes-vidralas-glass-division-deal/), 2024-07-08: "The deal, valued at £11.5 million (US$14.73m), includes an earn-out of up to £4.8 million (US$6.16m) based on agreed profit growth targets over the next two years."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/4), 2024-10-07: "Macfarlane Group has swooped for foam protective packaging specialist Polyformes, in a £11.5m deal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.