Sylvamo plans to sell Europe business to Midas Atlantic Partners

Bitget2026/11/06 10:00

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Sylvamo plans to sell its Europe business to Midas Atlantic Partners, in partnership with The Najafi Companies.
The business includes paper mills in Saillat, France, and Nymolla, Sweden, along with forestry and supporting operations.
The proposed transfer includes agreed working capital and cash in exchange for the right to receive 20% of future distributions.
A definitive share purchase agreement is expected following consultations with works councils and employee representatives.
Closing is expected by the end of the first quarter of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sylvamo Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202611060500BIZWIRE_USPR_____20261105_BW849355) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sylvamo plans to sell Europe business to Midas Atlantic Partners

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