Milan, 17 August 2026 – Reno De Medici S.p.A. (“RDM” or the “RDM Group”), a leading European producer of recycled cartonboard and fibre-based packaging solutions, today announces the signing of an agreement with MM Board & Paper for the sale of its Arnsberg business in Germany through an asset sale transaction. The Arnsberg mill is a long-established producer of recycled cartonboard serving customers across Europe.
The transaction’s financial terms and expected impact — including on the Group’s liquidity and business — were factored into the projections underlying the Group’s business plan. These terms and impact remain consistent with that plan, as announced in RDM’s press release dated 15 July 2026 Michele Bianchi, Chief Executive Officer of RDM Group, commented: “The transaction represents an important step in the execution of our strategy. The sale of the Arnsberg business supports our objective of optimizing the Group’s business plan and focusing our efforts on those product categories and markets where we see the strongest prospects for sustainable growth, innovation and value creation. We are
confident that MM Board & Paper is the right industrial player to support the future development of the Arnsberg business and its employees.”
Completion of the transaction (the “Closing”) remains subject to customary closing conditions, including applicable regulatory approvals. It is currently expected during the fourth quarter of 2026.