The acquisition of Tageos allows Fedrigoni Self-Adhesives to enter the RFID technology market
Tageos, a leading company in the design and production of RFID tags and labels, with headquarters in France and subsidiaries in Germany, the U.S., Hong Kong and China, is our seventh acquisition in two years. It is a company with excellent growth prospects and a technology that complements our own, according to our CEO, Marco Nespolo. Its comprehensive portfolio of innovative and high-tech RAIN RFID (UHF) and NFC products has allowed us to enter the smart label sector, and hence offer our customers solutions ranging from traceability to customer engagement. This step represents another milestone in our strive to strengthen our current global position as one of the top three players in self-adhesive materials and a leader in wine labels.