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Macfarlane acquires Online Packaging for £5.1m

Macfarlane Group said yesterday it had reached an agreement to acquire Online Packaging for a cash consideration of about £5.1m.

Macfarlane Group said yesterday it had reached an agreement to acquire Online Packaging for a cash consideration of about £5.1m.

Macfarlane will pay £4.3m immediately, with the rest to be handed over in the first quarter of 2009, provided trading targets are met.