Cascades, Reno de Medici, Caro Now Operating as Single Company
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Reno de Medici, Milan, Italy, and Cascades, Kingsey Falls, Que., Canada, have combined their European businesses as previously announced. The two companies, together with their joint sales company Careo, now form one company that will trade under the name RDM.
This past June (2016), Reno de Medici took over Cascades’ La Rochette plant, which represented the completion of the business combination with the European assets of the Cascades Group.
The unification makes the company "more agile and flexible," according to Michele Bianchi, the new RDM group CEO. "We want to strengthen our presence and visibility in Europe and overseas," he added.
RDM operates six cartonboard production facilities in Europe. The group produces recycled as well as virgin fiber board, which it sells to 70 countries and employs more than 1,500 people.
Founded in 1964, Cascades produces, transforms, and markets packaging and tissue products composed mainly of recycled fibers. Cascades employs nearly 14,000 men and women who work in some 100 modern and flexible production units located in North America and in Europe. Cascades S.A. is a European division of Cascades Inc. It includes primarily four virgin and recycled fiber manufacturing boxboard mills in France, Germany, and Sweden, a sheeting operation in England, and an overall active sales structure in Europe.
Reno De Medici produces, transforms, and markets cartonboard. It employs more than 1,100 employees and conducts its activities through subsidiaries based in Italy, France, Spain, and Germany.
