Norske Skog in Dutch sale talks

Norway / The Netherlands – Norway-based paper producer Norske Skog is in negotiations with a potential buyer of its Parenco mill and the recovered paper business of Reparco Group in the Netherlands, and has filed a request with Parenco’s and Reparco’s work councils for their advice on a proposed sales transaction.

If an agreement with the potential buyer is reached, it is noted, the mill will be converted out of publication paper after 2012; current capacity is 265 000 tonnes per annum.

According to Norske Skog, more information will be provided once a transaction proposal is approved by all the relevant governing bodies of the two parties.