11 December 2019
Avery Dennison Buying Smartac Technology
GLENDALE, CALIFORNIA—
Pressure sensitive manufacturer
Pressure sensitive manufacturer
Smartrac Technology Group, has reached an agreement to sell its RFID Transponder Division to Avery Dennison, which is expanding of its intelligent label business. Smartrac's RFID inlay and tags business will add to  Avery Dennison’s intelligent label business , growing its existing  business , adding to  the company’s R&D, manufacturing and sales capacity and increase its RFID offerings.
RFID label manufacturer
RFID label manufacturer
As part of the transaction, Avery Dennison will acquire Smartrac’s Transponder business and associated assets, including all manufacturing, R&D, sales and administration facilities, and will take over all affected employees. The company will also assume all contractual obligations to employees, customers and suppliers. The acquisition is subject to regulatory approvals .
Comments:
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Bayne Smith says:
I had the pleasure of knowing Mr Graham at my first company (Ashton Potter) back in late 80's \ earl...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print