20 Jan. 2025: Dutch company Nova Paper, an affiliate of Eren Holdings, has acquired 100 per cent of the shares of Onboard Corrugated Limited, a Wolverhampton-based sheet feeder.

Onboard Corrugated is a 50/50 joint venture between the German Klingele Group and Onboard's CEO, Paul Jundu. This transaction marks Klingele's exit from the UK sheet market.

Mr Jundu will continue to lead operations in the UK with the full backing of the Eren family, the company confirmed.

Eren is currently in the process of building a 750,000 tpy containerboard machine at UPM's former Shotton site, which is scheduled to become operational this year.

Onboard is also expanding operations. The company is completing the installation of a second BHS corrugator with a width of 2.8 meters, which will increase production capacity at the Wolverhampton site to 250 million m² per year.

by Frauke Schmidt, EUWID