Its shares, when combined with Klippan Paper chairman Jan Bernanders stake, takes the total combined holding in Inveresk to 26%.
Under the rules of the Takeover Code, which cover both individual shares and those held by an associated company, Klippan would have to make an offer to buy the Alloa-based company when the stake rises to 30%.
Alfa International, acting on behalf of Klippan Paper, bought the shares.
The managing director of Alfa International is Alan Walker, an associate of Klippan Papers chairman Jan Bernander, who last year attempted unsuccessfully to have both men elected to Inveresks non-executive board.
Have your say in the Printweek Poll
Related stories
Latest comments
"And the Seasons Greetings to you and all of your team at Printweek Towers."
"Thanks for flagging Mark, have fixed.
Could be a subliminal desire to visit Center Parcs, or maybe I started on the sherry a bit too early.
Merry Christmas.
Jo"
"I know it’s Christmas Eve and you all want to be closing up for the holidays. But I am pretty sure that YM Media are at “Elvington” not “Elvedon”."
Up next...
Industry insights
New year predictions: David Bunker, Compass Business Finance
Industry insights
New year predictions: Charles Jarrold, BPIF
12 months in the industry
2024 in review: January
Industry insights