To provide the buyer with an accurate picture of the environmental status for each site to be purchased, denkstatt Hungary in cooperation with local Inogen Alliance partners carried out a Phase I environmental site assessment for each facility in Turkey, Algeria, and Italy.

In Turkey 2U1K and denkstatt Hungary delivered five Phase I Environmental site assessments and due diligence for four papermill facilities and a warehouse. Following the successful acquisition in Turkey, an environmental site assessment and due diligence was performed for four operating paper mill facilities and one vacant / greenfield property in Algeria. The acquisition efforts were stopped before the stage of Phase II Environmental Site Assessment

In 2022, denkstatt in partnership with HPC Italy proceeded with a pre-purchase Phase I Environmental Due Diligence, an Asbestos Containing Material Survey, and a Groundwater Survey for one of the largest Italian paper mills in San Giovanni di Duino, North Italy. The partnership between Inogen Alliance partners led the client to the next outstanding acquisition of a tremendous historical papermill. The activities also included health & safety assessment, soil and groundwater investigation, asbestos and mineral man-made fiber survey, structural assessment and technical and legal review of the existing claims associated with the exposure of the employees to asbestos.