THE PROCESS FOR THE ACQUISITION OF ESKA GROUP, GLOBAL LEADER OF SOLID BOARD, CONTINUES

09-07-2021

Following the successful outcome of the employment law and trade union procedures provided for by the Dutch law, on 8 July 2021 RDM Group signed the binding contract for the acquisition of 100% of the share capital of Fineska B.V., the Dutch holding company of “Eska” Group.

On 8 June 2021, Reno De Medici S.p.A. had signed an irrevocable commitment to acquire 100% of the share capital of Fineska B.V., the Dutch holding company of “Eska” Group. The Eska Group is a global leader in the production of solid board based on 100% recycled fibers.

 

The financial terms of the binding contract had been set in the irrevocable commitmentand and had been explained in the press release published by RDM Group on 8 June 2021.

The transaction closing is expected to occur no later than July 20, 2021,

being already fulfilled the condition precedent regarding Reno De Medici S.p.A.’s obtainment of the transaction financing.

 

Please, refer to the press release for more information.

 

Other news

24-04-2024

RDM GROUP PUBLISHES ITS 2023 SUSTAINABILITY REPORT

RDM Group, European leading manufacturer of recycled cartonboard, published its 2023 Sustainability Report, a confirmation to the Group’s commitment to value creation for its main stakeholders through its business model.

Read news

12-04-2024

RDM GROUP WON THE PREMIO INNOVAZIONE CIRCOLARE (CIRCULAR INNOVATION AWARD)

RDM Group won the Premio Innovazione Circolare (circular innovation award) held on Friday April 12th, in Salerno (Italy) during PaperWeek.

 

 

 

Read news

26-03-2024

RDM GROUP’S ATTENDANCE AT THE 4TH EDITION OF PAPER WEEK IS CONFIRMED AGAIN

RicicloAperto is back all around Italy: from April 9th to 12th, during the Paper Week, the RDM Group paper mills located in Santa Giustina (Belluno) and Villa Santa Lucia (Frosinone) will be welcoming schools and families to participate in a dedicated tour.

 

 

 

Read news