Private equity firm Mutares agreed to acquire La Rochette, a producer of folding boxboard based on virgin fibers, from RDM Group, the second largest European producer of coated recycled cartonboard. Financial terms were not disclosed. "The target company will strengthen the Goods & Services segment as a new platform investment. It is the main producer in the FBB market in Southern Europe, with France being the key market. La Rochette mainly serves the pharma and food industry where the company has a solid and historic presence. The end-consumer food marketcovers approx. 50% of the demand in Europe," Mutares.