Peterson Group, headquartered in Moss in Southern Norway and with liner mills in Moss and Ranheim, Norway, and converting facilities in Norway, Sweden, Denmak and Finland, has been sold to Pemco, an industrial and trading group, working with energy and pellets production.”This is definitely good news for Peterson. The Group has got a new owner with financial muscles to take necessary steps and develop the Group further,” Olav Kjell Holtan, Chairman in Peterson Board of Directors, told Norwegian media.”We needed a new owner to continue the operations,” said Roar Paulsrud, who, together with Terje Haglund and a consortium acquired the Peterson Group in 2006.A new owner in the position to give economic guarantees was necessary to achieve a public debt restructuring for the liner mill in Moss at the Moss regional court.