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Diamond Box, a UK sheet plant business with annual revenues near £50m, has been acquired by Nova Paper, a Dutch entity owned by Eren Group.
Dutch company Nova Paper, affiliated with Turkey's Eren Holdings, acquired 100% of Wolverhampton-based Onboard Corrugated from Klingele Paper and Packaging Group and Paul Jundu. Onboard is completing a second BHS corrugator that will raise capacity to 250 million square metres a year.