# VPK increases stake in CorrBoard UK to 50%

VPK Group increased its shareholding in corrugated board producer CorrBoard UK to 50% through new shares and the purchase of former shareholder Garthwest's stake. CorrBoard operates a plant in North Lincolnshire.

- Type: Acquisition
- Announced: 2020-07-07
- Where: North Lincolnshire, United Kingdom
- Status: completed
- Products: corrugated board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [VPK](https://endata.com/companies/344.md) (acquirer)
- [Garthwest](https://endata.com/companies/6530.md) (partner)
- [CorrBoard UK](https://endata.com/companies/6555.md) (target)

## Sources

- [paperindustryworld.com](https://www.paperindustryworld.com/vpk-increases-stake-in-corrboard-uk/), 2020-07-07: "The VPK Group, which is a international producer and supplier of packaging, has increased its shareholding to become a 50% shareholder."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.