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Solidus buys Northern Paper Board

The Netherlands, 3 September 2018ย โ€“ Solidus, a European producer of solid board, graphic board, core board and solid board packaging, today announces its acquisition of a majority stake in Northern Paper Board Limited (โ€œthe Companyโ€), the UK-based manufacturer of boxes used for packaging. Solidus has acquired the stake from Northern Paper Boardโ€™s current owners, John and Paul Curran, who will continue to lead the company along with its existing management team.

Established in 1979, Northern Paper Board supplies a wide variety of solid board and corrugated octabin solutions and services to the food processing industry. The Skipton-based company also has a merchant packaging operation supplying cardboard, guillotine cardboard, polythene and other packaging services. The Company operates from its purpose-built premises in North Yorkshire.

Richard Houben, CEO of Solidus, commented: โ€œWe are pleased to announce Solidusโ€™ acquisition of a controlling interest in Northern Paper Board, which has a reputation for quality, excellence and dedication to meeting customer needs. Itโ€™s an impressive business with high-quality manufacturing capabilities. We look forward to working with John and Paul Curran going forward.โ€

Press Release

3.9.2018

CONTACT

Zinka MacHale, Hawthorn Advisors

0203 745 4960 / z.machale@hawthornadvisors.com

Victoria Ainsworth, Hawthorn Advisors

0203 745 3815/ v.ainsworth@hawthornadvisors.com