By Ali Lyon London-listed packaging specialists Macfarlane Group made a further move into protective packaging on Monday with the acquisition of Polyformes, it has said. The Glasgow-based firm, which in 2023 saw its profit grow by 10 per cent despite a dip in revenue, acquired 100 per cent of Polyformes for a maximum cash consideration of £11.5m, including an earn-out of up to £4.8m over two years. The move is the Macfarlane’s fifth recent acquisition, having also picked up the likes of Allpack and B&D Group in the last year. The acquisitions form part of what it has dubbed its “buy and build”…