VPK Group acquires 50% of UK corrugated sheet maker CorrBoard

VPK Group raised its shareholding in CorrBoard UK to 50% by buying the stake of former shareholder Garthwest and subscribing for new shares. McLaren Packaging also subscribed for new shares in the North Lincolnshire company.

“VPK has increased its shareholding to become a 50% shareholder, through a subscription for new shares and the acquisition of the stake of former shareholder Garthwest.”packagingnews.co.uk

• 3 sources
• packagingnews.co.ukFresh investment for corrugated sheet maker CorrBoardMay 21, 2020
• packaging-gateway.comVPK acquires majority share in UK firm CorrBoardMay 21, 2020
• paperfirst.infoVPK becomes major shareholder in UK-based sheet manufacturer CorrBoard | PaperFIRSTMay 28, 2020

Summarized from public sources; check the original articles before acting on it.