VPK Group raises stake in CorrBoard UK to 50%

VPK Group increased its shareholding in CorrBoard UK to 50% through new shares and by acquiring the stake of former shareholder Garthwest. McLaren Packaging also subscribed for new shares in the corrugated sheet board producer.

“VPK Group has increased its shareholding in CorrBoard UK to become a 50% shareholder, through a subscription for new shares and the acquisition of the stake of former shareholder, Garthwest.”mclarenpackaging.com

• 2 sources
• mclarenpackaging.comMcLaren Packaging | CorrBoard buoyed by investment boostMay 22, 2021
• mclarencorrugate.comMcLaren Corrugate | CorrBoard buoyed by investment boostMay 22, 2021

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