Magma Corporate Finance are extremely pleased to have advised Jonathan Colton, the owner of Ecopac on the sale of the business to listed packaging group Macfarlane.
Ecopac is a successful protective packaging distribution business which employs 21 staff at its base in Aylesbury, Buckinghamshire.
Macfarlane CEO Peter Atkinson commented “Ecopac is a well-run, profitable packaging business that meets our strict acquisition criteria and will be earnings-enhancing in its first full year in the Group. I am confident that the business will prove to be an excellent acquisition improving our geographic penetration and extending our customer reach.”
Jonathan commented “Having known Macfarlane for some time, I am confident the sale represents an excellent fit for Ecopac and importantly, secures the futures of the staff. I am grateful to Will Lodder and Shafwaan Bheda from Magma, who worked with me closely to secure this exciting transition.”
Will Lodder commented “Ecopac has built an extremely strong brand in protective packaging – demonstrated by the fact that Macfarlane are to continue to operate the business under the Ecopac brand. It has been great to support Jonathan on the transaction”.