Beontag acquires Technicote and marks its entry to the North American Market
As of September 1st, Technicote, a North-American company specializing in self-adhesive solutions, is the latest addition to Beonta 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.
ABOUT TECHNICOTE
Technicote was established in 1980 in Cuyahoga Falls, Ohio to service local roll converters. Since then, the company has consolidated and expanded business across the North-American market, offering solutions to the whole sector. Now, Technicote has three business units, four factories and over 200 employees. It is ISO 9001 certified, ensuring high standards of manufacture, and offers FSC® certified products.
ABOUT BEONTAG
With over 37 years of market experience, Beontag has a wide portfolio of innovative and technological products that service the retail, industry, and service sectors both in Brazil and abroad.
With modern manufacturing facilities, permanent investment and a highly qualified team, the company has been expanding its business globally and is one of the largest and most respected self-adhesive companies in Latin America. It also operates in the technology sector and has a wide portfolio of Internet of T hings (IoT) solutions, focused on the manufacture of radiofrequency smart labels, as well as on the development of software for the integration of the logistics chain, traceability, and product authentication.