MM to acquire RDM Arnsberg carton board mill in Germany

MM Board & Paper has finalized a deal to acquire the operating business of the RDM Arnsberg recycled fibre-based carton board mill in Germany through an asset transaction. The exact financial terms of the deal have not been disclosed. The Arnsberg site boasts a production capacity of around 230,000tpa of recycled fibre-based carton board, with a specific emphasis on liner products.

This acquisition bolsters MM's core operations and enhances its existing manufacturing network in Germany, which includes multiple carton board mills and packaging plants. MM anticipates that integrating the Arnsberg mill will generate synergies that could aid the mill's turnaround, improve production flexibility, ensure a secure supply, and broaden the range of products and services offered to customers.

All personnel at the Arnsberg mill are set to become part of MM. The transaction awaits the required antitrust clearances and is projected to conclude in the fourth quarter of 2026. Michele Bianchi, CEO of RDM Group, expressed that the sale of the Arnsberg business is a crucial step in executing the company's strategy. It aligns with their goal of refining the business plan and concentrating on product categories and markets with the highest potential for enduring growth, innovation, and value creation.

MM believes the acquisition will allow them to support the Arnsberg business and its employees effectively. Recent developments include MM's introduction of MM POLAR PLUS, a new machine-finished bleached kraft paper tailored for food and non-food packaging applications. This product targets converters and packaging manufacturers seeking lightweight paper with uniform quality and processing performance.