Charles Russell Speechlys acts for Arden Partners plc on recent Main Market placing by Macfarlane Group plc
Charles Russell Speechlys has recently advised Arden Partners plc in its role as financial advisor, sponsor and broker to Macfarlane Group plc (“Macfarlane”) in connection with an oversubscribed placing of £8 million of new shares on the Main Market of the London Stock Exchange. The Placing was conducted by way of an accelerated bookbuild process.
Macfarlane is a leading specialist UK manufacturer and distributor of protective packaging materials headquartered in Glasgow, Scotland.
The proceeds of the placing were used to help fund the conditional acquisition of:
(a) the entire share capital of Nottingham Recycling Limited
(b) the packaging business and selected assets of Greenwoods Stock Boxes Limited (together “Greenwoods”).
Greenwoods is a packaging distributor and a corrugate supplier based in Nottingham and in Melton Mowbray. The Charles Russell Speechlys core team comprised of Andrew Collins and Paul Arathoon.
News & Insights
Charles Russell Speechlys named as one of the 1000 Companies to inspire Britain 2018
1000 Companies to Inspire Britain is an annual celebration of some of the fastest-growing and most dynamic SMEs in the UK.
Takeover Code amendments: what you need to know and how the new rules will change the takeover process in practice
We highlight what you need to know and explain how the new rules will change the takeover process in practice.
Charles Russell Speechlys advises on the management buy-out of Principle Cleaning Services
PCS is a market leader in providing corporate, commercial cleaning in London to some of the most famous landmark buildings in the Capital.
Charles Russell Speechlys advises Civica on the acquisition of Nationwide Retail Systems Limited
NRS is an established provider of integrated payment solutions, most notably for the education sector.