Verso Corporation, now Billerud Americas Corporation, was an American producer of coated papers including coated groundwood, coated freesheet, and specialty products. The company restructured in 2016 following Chapter 11 bankruptcy. Verso Corporation operated two paper mills in the U.S. In 2021, the company had approximately 1,700 employees.[1]
In 2022, the Swedish company BillerudKorsnäs completed its acquisition of Verso for $825m.
History
The company was formed in August 2006 when Apollo Global Management purchased the coated and supercalendered paper business from International Paper.[2][3] In April 2008, Verso conducted an