MM Board & Paper signed an agreement to acquire the operating business of the R.D.M. Arnsberg recycled cartonboard mill in Germany via an asset deal, with about 230,000 tonnes annual capacity. The price was not disclosed and closing is expected in Q4 2026.
Funds managed by Apollo Global Management will buy about 67% of Italy's Reno De Medici from Cascades and CDPQ at EUR 1.45 per share, totaling EUR 365 million, then launch an offer to delist the cardboard maker.
Mutares completed the acquisition of RDM La Rochette S.A.S. from the Reno De Medici Group. The Valgelon-La Rochette, France plant makes virgin-fibre folding boxboard for pharma and food packaging, with revenues near EUR 120 million and about 300 employees.
RDM Group's subsidiary RDM Barcelona Cartonboard acquired 100% of Papelera del Principado (Paprinsa) and three smaller related companies in Mollerussa, Spain, from 15 sellers. Paprinsa produces 120,000 tons of recycled chipboard a year.
RDM, Europe's second largest recycled carton board producer, appointed Greycon to implement its Greycon Suite planning and production modules across six mills in Italy, France and Germany. RDM also selected Microsoft AX as its centralised ERP system, with implementation started in May 2016.