The investment
firm H2 Equity Partners has wrapped up the purchase of Norske Skog's Parenco
mill in Renkum and its global recovered paper business Reparco. The deal was
finalized on October 2.
Parenco will
carry on producing mainly
supercalendered-B (SC-B) paper on the mill's 265,000 tonne/yr PM 1.
The firm will continue to sell the paper under Norske Skog's brand name NorCal
until at least the end of the year, according to Parenco managing director
Frans Versteeg.
