Sylvamo to Divest European Uncoated Freesheet Operations to Midas Atlantic Partners
Sylvamo (SLVM) has announced a deal to carve out its European business through a sale to Midas Atlantic Partners, in partnership with The Najafi Companies. The transaction encompasses the company's uncoated freesheet paper mills located in Saillat, France, and Nymölla, Sweden. The divestment also includes all related forestry assets and supporting operations within the region. This strategic move allows Sylvamo to refocus its portfolio by separating its European manufacturing footprint from its broader global operations.
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