RDM GROUP HAS COMMUNICATED TODAY ITS INTENTION TO CLOSE THE MILL IN CASTELLBISBAL, SPAIN

15-01-2025

The Group is forced to take this difficult decision due to increasingly challenging market conditions, including a shift in consumption patterns, inflationary pressures in Europe and a challenging geopolitical environment exacerbated by the Russia-Ukraine conflict.

These factors, combined with a significant drop in European cartonboard demand between 2021 and 2023, have led to accumulated stocks in the value chain and therefore very low mill capacity utilization rates.

 

In Iberia the demand has sharply decreased. This context particularly impacts the Castellbisbal Mill.

 

RDM Group will continue to operate in Iberia through Paprinsa Mill in Mollerussa, that has greater flexibility options which enable RDM Group to strengthen competitiveness and better adapt to the current and future expected sector’s dynamics. The Group will cover market demand through Paprinsa and other mills in the group for special products.

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17-07-2026

RENO DE MEDICI ANNOUNCES BINDING AGREEMENT WITH ITS NOTEHOLDERS ON A COMPREHENSIVE RECAPITALISATION TRANSACTION

The Transaction is expected to significantly deleverage the Group’s balance sheet, strengthen its liquidity position and support the ongoing turnaround plan

 

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17-07-2026

RENO DE MEDICI GROUP ANNOUNCES THE ENTRY INTO A TRANSACTION SUPPORT AGREEMENT FOR THE PROPOSED RECAPITALISATION

Reno de Medici Group announces the entry into a Transaction Support Agreement for the proposed Recapitalisation, which will substantially deleverage the Group’s balance sheet, enhance its liquidity position and facilitate the ongoing turnaround plan

 

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06-07-2026

RDM GROUP WELCOMES ASPACK BOARD TO SANTA GIUSTINA MILL

On 1–2 July 2026, RDM Group was pleased to welcome the board of ASPACK (Asociación Española de Fabricantes de Envases, Embalajes y Transformados de Cartón) to its Santa Giustina Mill, offering an important opportunity to strengthen relationships with the Spanish packaging market and promote dialogue across the carton packaging value chain.

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