Reparenco has obtained strategic advice in preparation for its sale to Smurfit Kappa

Reparenco's supervisory board has obtained strategic advice on the envisaged sale of assets to Smurfit Kappa Group plc.

Reparenco is a Netherlands-based paper and recycling business that operates a two-machine paper mill with a capacity of 675,000 tonnes together with a 750,000 tonne recovered fiber operation.

Smurfit Kappa Group is one of the world's largest integrated manufacturers of paper-based packaging products, with approximately 370 operations in Europe and the Americas. It has around 43,000 employees across 35 countries and sales of US$10 billion in 2017. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Reparenco is owned by H2 Equity Partners, an independent private equity firm active in the Benelux, Germany and the UK.

Oaklins' Dutch team provided the strategic advice in preparation for the sale.