# Macfarlane to acquire packaging distributor Greenwoods Stock Boxes for £16.75m

Macfarlane agreed a £16.75m deal to acquire Nottingham-based packaging distributor and corrugate supplier Greenwoods Stock Boxes, which had £14m sales in the year to April 2017. Greenwoods has a small manufacturing facility in Melton Mowbray.

- Type: Acquisition
- Announced: 2017-09-18
- Where: Nottingham, United Kingdom
- Value: $21.8M (16.8M GBP)
- Status: announced
- Products: corrugate boxes, stock boxes, packaging distribution
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Macfarlane](https://endata.com/companies/2071.md) (acquirer)
- [Greenwoods Stock Boxes](https://endata.com/companies/2072.md) (target)
- [Nottingham Recycling](https://endata.com/companies/2113.md) (target)
- [John Henry Greenwood](https://endata.com/companies/2114.md) (partner)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/macfarlane-acquire-packaging-distributor-greenwoods-16m-deal-18-09-2017), 2017-09-18: "Macfarlane has agreed a £16.75m deal to acquire Nottingham-based packaging distributor and corrugate supplier Greenwoods Stock Boxes."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-macfarlane-group-j-h-whitney-capital-partners/), 2017-09-22: "Macfarlane Group has reached an agreement with John Henry Greenwood to acquire Greenwoods Stock Boxes and 100% issued share capital in the latter's sister company Nottingham Recycling for approximately £16.75m ($22.74m)."

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