Benchmark International is pleased to announce the acquisition of Manchester-based Gottlieb by national packaging and labels services company, Macfarlane.
Established in 2001, Gottlieb is a supplier of packaging materials, hygiene products and warehouse equipment to a broad range of sectors including clothing retail, printing, and logistics.
Gottlieb, owned by A & G Holdings Ltd, has an experienced team of 15 employees, including two directors, all of whom will remain with the business following the acquisition.
Headquartered in Glasgow, Macfarlane is a listed company that was established in 1949. The company employs more than 1,000 people at 37 sites, principally in the UK, as well as in Ireland, Germany and the Netherlands. In 2022, Macfarlane reported revenue of 290.4 million GBP.
The acquisition highlights Macfarlane’s ‘buy and build’ strategy, aimed at delivering further stakeholder value. Meanwhile, Gottlieb’s customers will also benefit from the deal through Macfarlane’s range of protective packaging products and services.
Peter Atkinson, chief executive of Macfarlane, said: “Gottlieb is a well-run, successful protective packaging distributor with an experienced management team. The acquisition of Gottlieb complements the recent opening of our new distribution facility in Heywood and further strengthens our ability to serve customers in the North West of England. We look forward to working with the team at Gottlieb to support its continued growth.”
ABOUT BENCHMARK INTERNATIONAL
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $9.4 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.