Midas Atlantic agrees to buy Sylvamo's European paper operations

Midas Atlantic Partners, in partnership with The Najafi Companies, has signed a unilateral purchase promise with Sylvamo Corporation for its European operations, which include the Saillat (France) and Nymölla (Sweden) uncoated woodfree paper mills plus forestry and support activities across Europe. Completion is expected in the first quarter of 2027, subject to required consultation procedures and regulatory approvals.

The target, based in Belgium with two large, vertically integrated pulp and paper mills, produces office paper sold under brands including REY and Multicopy, supplies OEM and office-supply distributors, and makes paper reels for commercial printers. It reported revenue of about €630 million for the year ended December 2025. Sylvamo CEO John Sims said the buyers offer the right experience and operating approach to position the business for lasting success. No purchase price was disclosed.