# SpanSet UK buys 33% stake in CoreRFID

SpanSet UK, a subsidiary of the Swiss SpanSet group, has purchased a 33% stake in CoreRFID, a Skelmersdale-based software firm that created the CheckedOK system for safety inspection compliance using RFID tags.

- Type: Acquisition
- Announced: 2018-12-11
- Where: United Kingdom
- Status: completed
- Products: RFID asset management software, CheckedOK safety inspection system
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [SpanSet](https://endata.com/companies/36001.md) (investor)
- [CoreRFID](https://endata.com/companies/36002.md) (target)
- [SpanSet UK](https://endata.com/companies/36032.md) (acquirer)

## Sources

- [lancashirebusinessview.co.uk](https://www.lancashirebusinessview.co.uk/latest-news-and-features/spanset-buys-stake-in-corerfid), 2018-12-11: "To secure such a positive partnership it seemed like an obvious step to invest in the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
