CLOSING POSTPONED FOR RDM GROUP’S ACQUISITION OF PAPRINSA

31-03-2021

The closing of the acquisition of Papelera del Principado S.A. (“Paprinsa”) and other three smaller companies by RDM Group will occur by 30 June 2021.

Further to the announcement made on 30 September 2020 regarding the acquisition of Paprinsa and of three smaller companies operating in contiguous businesses based in the same site (Fergerdell S.L., Cogeneraciò del Pla S.A. and Ondupacart S.A.), RDM Group announces that the closing, which upon signing the preliminary purchasing agreements was expected to take place no later than 31 March 2021, will instead occur by 30 June 2021, as some conditions precedent are still pending, particularly the authorization to increase production capacity.

 

As announced on 10 December 2020, it should be recalled that meanwhile the Antitrust authority has authorized the transaction.

 

Please, refer to the press release for more information.

Other news

22-09-2023

RDM GROUP HAS BEEN AWARDED FOR THE EUROPEAN CARTON EXCELLENCE AWARDS 2023

The Group is pleased to have received the prestigious Gold Award for cartonboard packaging together with Artigrafiche Reggiane & Lai.

 

Read news

27-07-2023

RDM GROUP HAS PUBLISHED ITS SUSTAINABILITY BOOKLET 2022

We are thrilled to announce that RDM Group has just released its latest Sustainability Booklet 2022. At RDM Group, we believe that sustainability is a responsibility we all share, and we are committed to making a positive impact on the environment.

 

Read news

14-07-2023

RDM GROUP IS NOW THE LARGEST INDEPENDENT RECYCLED BOARD PRODUCER IN EUROPE

RDM Group has finalized the agreement for the acquisition of 100% of share capital of Fiskeby International Holding AB (“Fiskeby”), a producer of packaging board made from 100% recovered fiber, with one manufacturing facility in Sweden

Read news