Charles Russell Speechlys acts for Arden Partners on recent Main Market placing by Macfarlane Group plc
The Charles Russell Speechlys Corporate team has recently advised Arden Partners plc in its role as financial adviser, sponsor and broker to Macfarlane Group plc in connection with a £3m placing of new shares on the Main Market of the London Stock Exchange.
Macfarlane Group plc is a leading specialist UK distributor of protective packaging materials.
The proceeds of the placing were used to partly fund a simultaneous acquisition of the entire issued share capital of Network Packaging Ltd (a packaging materials distributor).
The Charles Russell Speechlys team was led by partner Andrew Collins with assistance from Corporate associate Jaspal Sekhon.