As of September 1st, Technicote, a North-American company specializing in self-adhesive solutions, is the latest addition to Beontag’s growing family of international companies. The acquisition marks Beontag’s entry to the North American market, and is another step in its global expansion and internationalization strategy initiated in 2020. Besides the United States, Beontag has operations in other countries, such as Argentina, Uruguay, France, Italy, Sweden, Finland, among others. This acquisition is more than Beontag wanting to enter a new market. It was also motivated because of the broad network of customers that Technicote has had for more than four decades and the diversity of products they offer in the segments of graphic and self-adhesive materials. Their portfolio offers a wide range of self-adhesive rolls and sheets, as well as solutions in silicone coated release liners and is a perfect fit for Beontag’s expanding international portfolio of products. Technicote will also be integrating many of those products into their North American range.

The Georgia Minority Supplier Development Council (GMSDC) recognized supplier diversity champions at the 35th Spirit of Alliance Awards, held on August 25, at the Atlanta Marriott Marquis hotel. The Spirit of Alliance Gala honors the corporations, Minority Business Enterprises (MBEs) and supplier diversity advocates that are setting the standard for small business development and creating opportunities for minority-owned businesses in Georgia. The Spirit of Alliance Awards honors corporations', Minority Business Enterprises (MBEs) and supplier diversity advocates that are setting the standard for small business development and creating opportunities for minority-owned businesses in Georgia. Click Read More below for additional information.

Verso Corporation announced that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee comprised of independent directors Eugene I. Davis, Alan J. Carr and Steven D. Scheiwe, with Mr. Davis serving as chairperson. The committee, with the assistance of Houlihan Lokey Capital, Inc., the company's financial advisor, will lead Verso's continuing efforts to identify and evaluate a range of potential strategic transaction alternatives, including the possible sale of some Verso mills, engage in discussions and oversee the due diligence process with parties potentially interested in transactions with the company, and recommend to the board whether any proposed transaction is in the best interests of the company and its stockholders. "Verso is committed to exploring strategic transaction alternatives, and the committee will facilitate this process," said Verso Chairman of the Board Rob Amen. "The committee is charged with proceeding expeditiously, but will evaluate alternatives carefully for their ability to provide superior value to Verso's stockholders." Click Read More below for additional detail.