H2 Acquires Norske Skog Parenco

H2 acquires Norske Skog Parenco and recovered paper business: Norske Skog has entered into an agreement to sell its paper mill Parenco in Renkum in the Netherlands and the global recovered paper business, Reparco, to investment firm H2 Equity Partners. Norske Skog expects to release cash from the transaction in the order of EUR 30 millions.