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Avery Dennison to acquire Smartrac's RFID inlay business for €225M · Endata

◂ Announcements

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Nov 20, 2019ACQUISITIONNetherlands

Avery Dennison to acquire Smartrac's RFID inlay business for €225M

Avery Dennison Corp. agreed to acquire Smartrac's Transponder (RFID Inlay) division for €225 million (approx. $248 million).

Value

$248.0M (225.0M EUR)

Status

Announced

ProductsRFID inlays

CompaniesAvery Dennison acquirer Smartrac target

Sectors#Semiconductors and Industrial Electronics

“Avery Dennison Corp. recently announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) division for the purchase price of €225 million (approximately $248 million).”adhesivesmag.com

2 sources
adhesivesmag.comMergers/Acquisitions - Articles - Page 35 | Adhesives & Sealants IndustryDec 12, 2019
innov8chem.comYearly Archives: 2019Press ReleaseDec 20, 2019

Summarized from public sources; check the original articles before acting on it.

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