RDM Group to sell its 100% interest in La Rochette mill in France

February 24, 2021 Off By Sebastian Reisig

The Board of Directors of Reno De Medici S.p.A. favorably assessed an irrevocable offer received by its subsidiary RDM Blendecques S.A.S. for the purchase of its 100% interest in R.D.M. La Rochette S.A.S. The offer was submitted by Bonaparte Holding SAS.

RDM Blendecques S.A.S. thus signed the relevant put option agreement to sell its fully owned French company R.D.M. La Rochette S.A.S., operating in the segment of cartonboard for folding boxboard based on virgin fibers (FBB).