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Sylvamo Plans to Sell European Business to Midas Atlantic Partners

The proposed deal includes uncoated freesheet mills in Saillat, France, and Nymölla, Sweden, plus related forestry and support operations.

A paper roll stands before a French mill at dawn / TokenPost.ai
A paper roll stands before a French mill at dawn / TokenPost.ai

Sylvamo Corporation (NYSE: SLVM) plans to sell its European business to Midas Atlantic Partners in a deal that would transfer paper mills in France and Sweden, along with related forestry and support operations.

Midas Atlantic Partners is pursuing the proposed transaction with The Najafi Companies. The planned divestiture covers the Saillat mill in France, the Nymölla mill in Sweden, and Sylvamo’s associated forestry and support operations.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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